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
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Regular updates on global precious metal market movements.
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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
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
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
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
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
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
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
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
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
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 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
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
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
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
Precious metals prices continued to ease over the past five trading days, with gold and silver down by 2% and 4% respectively in USD terms.
17 February 2023
Precious metal prices fell sharply over the past five trading days, with gold and silver down by 3% and 6% respectively in USD terms. Local currency investors fared bette...
09 February 2023
Precious metal prices pulled back sharply overnight, putting gold and silver in negative territory for the week, with both falling by 1% in USD terms.
02 February 2023
Precious metal prices have remained on solid footing over the past week, though are yet to decisively break above USD $1,950oz (for gold), or USD $24 oz (for silver), wit...
26 January 2023
Precious metals have continued to trend higher this week, with gold and silver up 3% and 1% respectively in US terms. While overall movement across the week was to the up...
19 January 2023
Precious metal prices have continued their recent surge with gold (+4% over the past five trading days) at one point trading above USD $1900oz overnight, as continued eas...
13 January 2023
Gold prices have risen in the first few trading days of 2023, though a pullback in the past 24 hours has seen the precious metal give up most of its earlier gains, with s...
05 January 2023
While most of the world’s attention has been on the heroics of Lionel Messi and the Argentinian football team in Qatar, it’s shaping up as a messy end to the year for mar...
22 December 2022
Gold prices started the week on very strong footing, at one point trading above USD $1820oz, as softer than expected US inflation data saw the smallest monthly gain in co...
15 December 2022
Precious metal prices were mixed last week, with silver continuing its recent rally, now trading back above USD $23oz, while gold had a small pullback (-1%), consolidatin...
08 December 2022
It’s been another positive week for the precious metal complex, with gold rallying above USD $1800oz, up 3%.
02 December 2022
Financial markets continued to trade in a relatively tight range, as markets await a fresh catalyst as head into the final month of the year.
24 November 2022
Markets were relatively calm in the past week, with bond yields continuing to ease and the US dollar (USD) continuing to ease, while equity markets and indeed the preciou...
18 November 2022