Bargain hunters emerge as precious metals fall
Precious metal markets sold off sharply this week, with the price of gold and silver down by 2% (gold) and 5% (silver) in USD terms. Gold last traded at USD $2,303 per tr...
14 June 2024
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Could gold rally to USD $2,600 per ounce?
Precious metal markets had another mixed week, selling off in earlier trade, before recovering most of their losses in the past 24 hours. For the week as a whole, gold is...
07 June 2024
Silver leads the charge!
Precious metal prices markets were mixed again this week, with gold easing marginally, while silver continued to push higher. While falling 1% for the week in USD terms,...
30 May 2024
In gold we trust as metal market consolidates
Precious metal markets sold off in trading toward the end of this week, with gold -2% in USD terms, last sitting at USD $2,331 per troy ounce (oz). The pullback comes aft...
24 May 2024
Gold rebounds as silver fires!
Gold prices rallied strongly this week, with a +3% move pushing the precious metal back toward USD $2,350 per troy ounce (oz). Silver was an even stronger performer, rall...
10 May 2024
Record demand: Where to next for gold?
Gold prices continued to ease this week, with the precious metal falling by a further 1% to USD $2,303 per troy ounce (oz). Silver was also on the backfoot, falling by 3%...
03 May 2024
Buying opportunity as gold and silver correct
Gold prices fell by 2% this week in USD terms, with the precious metal last trading at USD $2,331 per troy ounce (oz). Silver also pulled back, -4% in USD terms to USD $2...
26 April 2024
Precious metals power on!
It has been another positive week in the precious metal market, with gold and silver prices both rising by 1% in USD terms, despite a sharp correction in Monday trade whi...
19 April 2024
Gold powers higher despite spike in rates
Gold prices surged to another record high this week, with a + 3% rally seeing the precious metal trade at USD $2,373.20 per troy ounce (oz), despite a surge in bond yield...
12 April 2024
Records tumble as bullion surges!
Gold prices surged to record highs this week, with the precious metal trading above USD $2,300 and AUD $3,500oz for the first time. Silver also rallied, with a 9% surge s...
05 April 2024
Gold soars as Fed folds on inflation
Gold prices traded above USD $2,200 and AUD $3,300 per troy ounce (oz) earlier this week, as a dovish US Federal Reserve fuelled the recent precious metal rally. Last tra...
22 March 2024
Silver on verge of break out as sales surge
Gold prices steadied this week, with the precious metal last trading at USD $2,162 per troy ounce (oz). Silver continued to rally, +2% in USD terms, and last trading at U...
15 March 2024
A billion reasons to buy silver as gold joins the party
Gold prices surged to all-time highs this week, with the price breaking out above USD $2,150oz. The 5% rally in USD gold now sees the precious metal trading 18% higher th...
07 March 2024
Gold vs Bitcoin, here we go again!
Precious metal prices have continued to trade in a narrow range over the last week, with gold edging to the upside, and again looking like it may push back above USD $2,0...
01 March 2024
Precious metals steady as markets melt up!
Precious metal prices are essentially unchanged over the past month, with gold trading just above USD $2,000 and just below AUD $3,000oz. Silver is also flat, trading jus...
22 February 2024
Precious metals bounce back as silver set to surge!
Precious metal prices moved sharply higher this week, with both gold and silver rallying by 2% in USD terms, with gold currently trading above USD $2,050oz. The move high...
01 February 2024
Silver: A once in a lifetime opportunity
Precious metal markets continued to confound investors in the last week, with gold at one point charging above USD $2,050oz and looking like it was set to break out.It th...
19 January 2024
Go for gold: The time is now
Gold and precious metal prices eased this week, falling by 1% and 2% respectively in USD terms. The price action is a continuation of a corrective or steadying period tha...
11 January 2024
Precious metals rock solid in 2023
With Christmas fast approaching and the New Year just over a week away, it looks like being another good year for the precious metal sector, with gold up 10% for the year...
21 December 2023
Key levels to watch as gold holds USD $2,000
Precious metal prices have steadied over the past five trading days, with the market rebounding from a pullback earlier in the week that had seen gold and silver temporar...
14 December 2023
New highs for gold before market consolidates
The gold market started this week on extremely strong footing, with news of a Houthi rebel attack on a US Warship in the Red Sea causing the precious metal to temporarily...
07 December 2023
Silver breaking out as metals rally!
Precious metal prices strongly rallied this week, led by silver, which surged by 7% in USD terms, and is now trading back above USD $25oz.This recent price move puts mome...
30 November 2023
Gold and the moment of truth!
Precious metal prices steadied this week, with silver unchanged in USD terms, while gold was +1%, and last trading just above USD $1,900z.With December fast approaching,...
23 November 2023
Bull market indicators and betting on gold
Gold prices eased this week, with the precious metal falling by 2% in USD and AUD terms, Silver was also impacted, declining by 3%.
09 November 2023
Central banks drive demand as gold steadies
Gold prices were unchanged over the week, with the precious metal pulling back after a brief run above USD $2,000oz.
02 November 2023
The case for gold grows stronger!
Gold was stronger again this week, with weakness in equity markets, and the ongoing conflict in the Middle East helping drive the price back above USD $1,975oz.
27 October 2023
Australian dollar gold hits all-time high!
Gold prices have surged in the past week, with the escalation of conflict in the Middle East, a spike in the price of oil, and a sell off in risk assets all supporting th...
20 October 2023