Silver shining as gold rallies
Gold prices have continued to rally in the past five trading days, with the precious metal at one point pushing up toward USD $1,950 per troy ounce (oz).
01 September 2023
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.
The battle for $2,000 gold
Gold has enjoyed a solid week performance wise, with the precious metal rallying by 1% to USD $1,916oz. Silver has also rallied, increasing by 6% in USD terms and is once...
25 August 2023
A golden buying opportunity!
Precious metal markets continued to trade lower this week, with gold not only falling below the USD $1,900oz price level, but also below its 200-day moving average (200DM...
18 August 2023
Gold: A taste of what’s to come!
Gold prices remained on the back foot this week, with the precious metal last trading below USD $1,915 per troy ounce (oz).
11 August 2023
Gold eases as bond yields soar
Precious metal prices continued to correct this week, with gold -1% in USD terms to $1,933.30oz, while silver was -6%, last trading at USD $23.60oz.
04 August 2023
Gold and the last bear
Precious metal prices have eased over the past week, with an overnight sell off driven by better than expected increase in US GDP eliminating the price strength seen in t...
28 July 2023
Gold rallying on the road to new highs
Precious metal prices have continued to rally over the past five trading days, with gold and silver up 1% and 2% respectively in USD terms.
21 July 2023
Gold spikes as inflation tumbles
Precious metal prices soared this week, with the price of gold and silver rallying by 3% (gold) and 7% (silver) in USD terms.
14 July 2023
Gold resilient as yields surge!
Gold has shown impressive resilience in the first few trading days of the new financial year, ignoring a range of headwinds to hold above USD $1,900 per troy ounce.
07 July 2023
Gold: Turning points!
Gold prices continued to correct this week, with the precious metal falling by 2% to USD $1913oz. Silver was even harder hit, falling 5% to USD $22.30oz, with the gold to...
30 June 2023
Gold falls as greed rules markets!
Gold prices continued to correct this week, with the precious metal falling by 2% to USD $1913oz. Silver was even harder hit, falling 5% to USD $22.30oz, with the gold to...
23 June 2023
Gold stabilises as inflation cools
Precious metal prices were largely steady over the past five trading days, with gold flat, trading just above USD $1,950oz, while silver eked out another 1% gain in USD t...
16 June 2023
Gold steady, silver strong as rates keep rising!
Gold prices rallied sharply overnight, with poor jobs data from the United States reinforcing market expectations of a continued slowdown and potential recession in the w...
09 June 2023
Precious metals stabilise as recession risks build!
Gold has bounced this week, with a 1% rise halting a losing streak that at one point had seen the precious metal give up more than USD $100oz between early April and late...
02 June 2023
Third time lucky for gold
Gold bulls are on the backfoot again this week, with the precious metal falling below USD $1,950oz, while silver is back below USD $23oz.The correction, which began appro...
26 May 2023
Gold corrects as yields surge
Precious metal prices continued to correct this week, with gold falling below USD $2,000 per troy ounce.Several factors have contributed to the pullback, including an inc...
19 May 2023
Silver corrects as inflation cools!
Gold remained in consolidation mode this week, with the precious metal continuing to hold above USD $2,000oz, though so far unable to sustainably push higher.Silver on th...
12 May 2023
Why Australian Investors are turning to Gold
Gold has been the best performing asset of the new millennium, having outperformed shares and property since 2000. This outperformance looks set to continue going forward...
02 May 2023
New highs for Australian dollar gold in sight
Gold and silver remained well bid this week, with gold in particular seeing strong buying interest.That is despite the continued consolidation in the precious metal compl...
28 April 2023
No signs of a gold bubble!
Gold and silver prices are in consolidation phase at present, with the two precious metals holding above USD $2,000oz (gold), and $25oz (silver) despite a sell-off earlie...
20 April 2023
Could gold double again?
Precious metal markets remained buoyant this week, led by silver which rallied by 4% to USD $25.80oz. Gold was steadier, putting on USD $10oz to last trade at USD $2,040o...
14 April 2023
Breather or breakout – where to next for gold?
Precious metal prices ended the week largely unchanged, with gold last trading just below USD $2,000oz, while silver continued to rally, and is now sitting just below USD...
31 March 2023
Record demand at ABC Bullion as gold hits new all-time high!
The emergence of COVID-19, combined with the fiscal and monetary response to the pandemic, ushered in a new era of precious metal demand. Since then, bar and coin buying...
23 March 2023
Precious metals rocket as yields collapse
Precious metal prices soared this week, with gold trading back above USD $1900oz, while silver rose toward USD $22oz, up 5% and 8% respectively over the past five trading...
16 March 2023
Silver on sale as gold steadies
Precious metals were mixed again over the past five trading days, with gold essentially ending the week to Thursday March 9th unchanged near USD $1830oz, with the market...
10 March 2023
Gold holds support despite higher rates
Precious metals markets were mixed this week, with gold firming, up 1% to USD $1,836 per troy ounce (oz), while silver remained mired in its recent downtrend, falling by...
03 March 2023
Gold's Cup Overflows
Precious metal prices largely stabilised this week, with gold flat in USD terms, while silver was off just 1%.While the relatively calm of the last five trading days has...
23 February 2023