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...
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23 August 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.
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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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04 July 2017
Senior Trader Daily Update 03 July 2017
Good morning everyone. I trust it was a pleasant weekend. Precious metals continued back-pedalling on Friday. The looming Independence Day holiday in the US tomorrow, as...
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03 July 2017
Senior Trader Daily Update 30 June 2017
Good morning everyone and Happy Friday! Precious metals values remained on the backfoot with the normally supportive US dollar weakness factor, taking a back seat to gene...
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02 July 2017
Senior Trader Daily Update 27 June 2017
Good morning everyone.There is no rhyme, reason nor logic behind the ‘clip’ of gold that was forced through the COMEX / CME August Gold Futures contract between 9.01am an...
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27 June 2017
Senior Trader Daily Update 26 June 2017
Good morning everyone. I trust you enjoyed your weekend. Gold and silver closed out last week on a somewhat buoyant note, a weaker Greenback providing a boost but arguabl...
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26 June 2017
Gold: Bored or Bullish?
It’s been a poor end to the financial year for precious metal investors, with both gold and silver declining for most of June. In USD terms, gold started the month around...
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23 June 2017
Senior Trader Daily Update 23 June 2017
Good morning everyone and happy Friday.Tales of the feted Japanese swordsman Miyamoto Musashi (1584 – 1645) often recount how the Ronin had the ability to defeat reputabl...
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23 June 2017
Senior Trader Update 21st June
Good morning everyone, Gold and silver continued their retreat on Monday as US equities and Greenback strength weighed upon precious metals investor sentiment. ETF redemp...
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21 June 2017