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
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.
These essential reports are ideal for first-time investors though to SMSF trustees and financial intermediaries allocating to gold on behalf of their clients. They are available via our website or can be delivered straight to your inbox. Subscribe here.
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
Senior Trader Daily Update 07 August 2017
Good morning everyone and I trust you had a good weekend. The long and short of trading on Friday was that gold and silver had the wind knocked out of their sails somewha...
07 August 2017
Senior Trader Daily Update 04 August 2017
Good morning everyone, Thursday saw range-driven trading in gold ahead of Friday’s US Bureau of Labor Statistics employment data release. Market consensus for the headlin...
04 August 2017
Senior Trader Daily Update 02 August 2017
Good morning everyone. Choppy / volatile trade was seen on Tuesday with the USD fluctuations the main driver. During Far Eastern trading, XAU/AUD was under early pressure...
02 August 2017
Senior Trader Daily Update 01 August 2017
Good morning everyone and we return to normal service here after a short break. Month-end and XAU/AUD closed on a firm footing as the Greenback hit its lowest level again...
01 August 2017
July 2017 Gold and Silver Market Update
GoldGold has had a powerful recovery through the last three weeks of July as the price held technical support at US$1208 level, dipping below very briefly before a surge...
30 July 2017
Gold Struggles as AUD Rallies
Precious metal bulls have endured a difficult few weeks, with the price of gold falling from USD $1,266.20oz at the end of May 2017 to USD $1,230.30oz on Friday the 14th...
18 July 2017
Senior Trader Daily Update 18 July 2017
Good morning everyone. Friday’s weak US CPI (+1.6% Y-oY) & Retail Sales data releases saw XAU/USD finally reclaim the technically significant 200 Day moving average, as p...
17 July 2017
Senior Trader Daily Update 10 July 2017
Good morning everyone and I trust you enjoyed your weekend. We are running a little lean here this week, so apologies for the morning wrap coming through as a midday wrap...
09 July 2017
Senior Trader Daily Update 07 July 2017
Good morning everyone and happy Friday! A good day for range-traders as the precious metals chopped around / consolidated on Thursday, managing to retain the bulk of rece...
07 July 2017
Senior Trader Daily Update 06 July 2017
Good morning everyone. As noted in Tuesdays commentary, geopolitical developments can change market sentiment rapidly and with the newswires broadcasting the following he...
06 July 2017
Senior Trader Daily Update 05 July 2017
Good morning everyone. Very little to comment on due to the Independence Day holiday in the US overnight, other than to make note of the sharp bounce in XAU/AUD yesterday...
05 July 2017
Senior Trader Daily Update 04 July 2017
Good morning everyone. The DJIA posted a record high overnight ahead of the Independence Day holiday in the US and the Greenback rallied strongly against the majors (EUR,...
04 July 2017