Senior Trader Daily Update 22 September 2017
Good morning everyone and happy Friday! XAU/USD & XAG/USD remained under pressure as they continued to feel blowback from Wednesday’s FOMC monetary policy announcement in...
22 September 2017
Insights
Market Updates
Regular updates on global precious metal market movements.
Stay up to date with weekly price movements and the key financial, geopolitical, and economic factors shaping global and local precious metal markets.
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Senior Trader Daily Update 21 September 2017
Good morning everyone. Precious metal values retreated after the US Federal Reserve Bank’s FOMC left interest rates unchanged (as expected) but signalled the possibility...
21 September 2017
Gold Pulls Back as Markets Hit New All Time Highs!
Precious metal prices have pulled back meaningfully in the past 10 days, with gold falling to just USD $1,309oz, a decline of almost 3% from levels seen in earlier Septem...
20 September 2017
Senior Trader Daily Update 20 September 2017
Good morning everyone.Gold and silver consolidated and tread water on Tuesday ahead of Wednesday’s MonPol announcement by the US FOMC, as the markets await guidance from...
20 September 2017
Senior Trader Daily Update 19 September 2017
Good morning everyone. Precious metals have been on the slide since the air came out of the ‘safe-haven’ trade (i.e. geopolitics) with gold in particular, hitching its ca...
19 September 2017
Senior Trader Daily Update 15 September 2017
Good morning everyone and Happy Friday! A tumultuous day in the markets saw gold and silver eventually close near session highs. Gold and silver were driven hither and yo...
15 September 2017
Senior Trader Daily Update 14 September 2017
Good morning everyone. Range trading / consolidation was seen in gold for much of the Far Eastern and European sessions on Wednesday but the big move came during US tradi...
14 September 2017
Senior Trader Daily Update 13 September 2017
Good morning everyone. Not a lot to report from Tuesday’s activity in the precious metals markets with intraday speculative jockeying seeing gold drift lower during the F...
13 September 2017
Senior Trader Daily Update 12 September 2017
Good morning everyone.US equities rebounded sharply back towards recent record highs, as last week’s investor bearishness on the back of forecast apocalyptic devastation...
12 September 2017
Senior Trader Daily Update 11 September 2017
Good morning everyone and I trust you had a good weekend.XAU/USD registered its highest level since mid-August last year as geopolitics, receding yields on US Treasuries,...
11 September 2017
Senior Trader Daily Update 7 September 2017
Good morning everyone. Gold, having reached its highest level in USD terms since late September last year on Tuesday, (spurred on by geopolitical tensions, receding yield...
07 September 2017
Senior Trader Daily Update 6 September 2017
Good morning everyone.Some fairly brutal price action was seen on Tuesday, particularly during the offshore time zones of Europe and the US, with gold slammed lower USD 1...
06 September 2017
Senior Trader Daily Update 5 September 2017
Good morning everyone. Gold gapped approximately USD 10.00 and AUD 7.00 higher on the open in Asia yesterday, as the markets had their first opportunity to react to the n...
05 September 2017
Gold Breakout Gains Strength!
It’s been a strong month for precious metal bulls, with the price of gold rallying well above USD $1300oz, up some 5% since the start of the August. Year to date, the met...
03 September 2017
Gold Breaks Higher Through Key $1,300 US Technical Level
After being range bound and unable to break through the key US $1,300oz level since Nov 2016, gold has staged a sharp rally overnight on the back of heightened tensioned...
28 August 2017
Morning Wrap 29 August 2017
Good morning, Gold – as described by Andre in yesterday’s morning wrap – broke free post-Jackson Hole in hectic trading. Notably pull-backs in price pre the Jackson Hole...
28 August 2017
Senior Trader Daily Update 28 August 2017
Hello everyone, Friday’s trading saw the markets go into a holding pattern ahead of speeches at the central bank conference in Jackson Hole by arguably the two most power...
27 August 2017
Morning Wrap 25 August 2017
Markets traded fairly narrowly just ahead of the Jackson Hole Symposium, with Janet Yellen speaking – possibly for the last time – Friday morning. Observers will be keen...
25 August 2017
Morning Wrap 24 August 2017
Gold and JPY moved slightly higher as the Donald moved swiftly to correct my erroneous and unfounded report via Mitch McConnell that the debt-ceiling was safe in the hand...
24 August 2017
Morning Wrap 23 August 2017
Good morning everyone! Markets switched to ‘risk on’ with the US Dollar making a small recovery, and the USD index rallying up to the Daily Turning line at 93.54, where s...
23 August 2017
Morning Wrap 22 August 2017
Good morning everyone, Overnight US equities tested lower once again in thin conditions, as the S & P 500 tested both trend line support and support from the Daily Cloud,...
22 August 2017
Senior Trader Daily Update 18 August 2017
Good morning everyone and Happy Friday.US equity markets were bludgeoned lower on Thursday as President Trump disbanded his council of economic advisors consisting of the...
18 August 2017
Senior Trader Daily Update 17 August 2017
Good morning everyone. A mixed day for gold on Wednesday, the precious metal closed higher in XAU/USD terms but remained under pressure in XAU/AUD terms as the major curr...
17 August 2017
Senior Trader Daily Update 16 August 2017
Good morning everyone, Precious metals activity yesterday followed in much the same vein as Monday. That being, that as the US Administration and North Korea took their r...
16 August 2017
Senior Trader Daily Update 15 August 2017
Good morning everyone. Range trading / consolidatory type price action characterised trading in gold and silver to commence the week, as a rebound in the US Dollar Index...
15 August 2017
Senior Trader Daily Update 14 August 2017
Good morning everyone and I trust you had a good weekend. Geopolitical ‘chaos’ underpinned the advance across the precious metals complex last week forcing investors to f...
14 August 2017
Investor Insight - Australian Gold Turnover
Having been in business since 1972, ABC Bullion now services over 40,000 clients, who utilise our services to buy, sell and store gold. This includes those who save regul...
08 August 2017