Senior Trader Update Tuesday 9th May
Good morning everyone, Choppy, range-driven trading was seen in gold on Monday with both XAU/AUD & XAU/USD rallying after the result of the French election became known b...
09 May 2017
Insights
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.
Good morning everyone, Choppy, range-driven trading was seen in gold on Monday with both XAU/AUD & XAU/USD rallying after the result of the French election became known b...
09 May 2017
Gold prices in Australian dollars have had a small rise today, with the local currency under pressure after yet another disappointing retail sales report. The data, relea...
08 May 2017
Good morning everyone and I trust you had a pleasant weekend. Quite a healthy range in XAU/AUD on Friday, effectively AUD 40.00 (+20 in Asia from 1656 to 1675 and then a...
08 May 2017
Good morning everyone, The Federal Open Market Committee left US interest rates unchanged in its current range between 0.75% and 1.00% but it was the hawkish tone of the...
04 May 2017
This week, I took advantage of a temporary pullback in precious metal prices to Top Up my ABC Bullion Gold Saver account. I normally use the ABC Bullion Gold Saver to inv...
03 May 2017
Good morning, Unsurprisingly, investors have swum to the side of the pool ahead of Wednesday’s FOMC monetary policy statement by the US Federal Reserve at which it is ant...
02 May 2017
Good morning everyone. The entire precious metals complex was driven lower on Monday, commencing during Far Eastern trading when news began to filter through that the US...
02 May 2017
Good morning everyone and I trust you had a good weekend. Sideways, range-trading was seen ahead of Friday’s US GDP data release but price action turned extremely volatil...
30 April 2017
USD precious metal prices have weakened over the past several trading days, with the price of gold currently trading at USD $1,264oz, down close to 2% from their temporar...
28 April 2017
Gold was largely confined to an AUD 1690 – 1700 range on Thursday, while in USD terms the metal chopped around between USD 1262 – 1270 (albeit with a modest ‘offered’ ton...
28 April 2017
Good morning everyone. A choppy day as far as XAU/USD (gold in USD) was concerned with the prices staging a late rally on US dollar and stock market weakness but in XAU/A...
26 April 2017
Good morning everyone. The investing ‘herd’ eschewed safe haven assets and piled back into ‘risk-on’ assets (stocks) and currencies which resulted in lower precious metal...
26 April 2017
Good morning everyone and I trust you had a pleasant weekend. As expected, gold went into a holding pattern as the week drew to a close on Friday, there was little to pro...
24 April 2017
Good morning everyone, A jobbers / range traders market in Gold/AUD at present as AUD 1690 & 1710/15 continue to remain the demarcation lines. While the situation in Nort...
21 April 2017
Good morning everyone, Gold continued its consolidative price-action in AUD terms yesterday, hitting resistance in the ‘sticky’ AUD 1710-1715 noted in yesterday’s comment...
20 April 2017
Good morning everyone and I trust you had a good long weekend. Investors (and I would venture, most people in general) remained on edge as major geopolitical events conti...
18 April 2017
Good morning everyone, Whether he’s raining down Tomahawk Cruise missiles on airfields in Syria or slapping the US Dollar down with comments to the WSJ that he prefers a...
13 April 2017
Given the community concern about housing affordability, and the vested interests at play, the reaction to the latest rumours that the government may allow Australians to...
12 April 2017
Good morning everyone, Reasonable each-way interest was evident throughout Far Eastern trading yesterday as gold drifted lower from the TOCOM open before finding support...
12 April 2017
Good morning everyone. Notwithstanding that geopolitical developments remained front and centre in investor minds vis-a-vis the Trump Administration’s surprisingly muscul...
11 April 2017
Good morning all, By now everyone would be aware of the US missile strike against Syria on Friday, a geopolitical development that we flagged in Friday morning’s comment...
10 April 2017
Whilst not as headline grabbing nor as strong a start to the year as we witnessed in 2016, Q1 of 2017 has been kind to precious metal investors, with gold and silver pric...
07 April 2017
A subdued session in the Far East yesterday and during European trading saw gold drift lower as Chinese investors returned to their desks and were on the offer for much o...
06 April 2017
Good morning all, Chinese participants remained absent yesterday during Far Eastern trade as they observed Tomb Sweeping Day but AUD/Gold took a leg higher when the AUD w...
05 April 2017
Good morning all, AUD/Gold caught a bid in Asian trading yesterday in spite of reduced liquidity due to the absence of Chinese participants who are out for ‘Tomb Sweeping...
04 April 2017
If you are to taking your cue from the market as to what will happen next with Australian interest rates, then you’d come to the conclusion that the RBA has reached the e...
13 March 2017
The precious metal market has had a mixed week, with gold pushing up toward USD $1,263 per troy ounce, approaching the 200 day moving average, before pulling back toward...
02 March 2017