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
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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
Gold market retreats despite sticky inflation
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
The pullback we’ve been waiting for!
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
Central banks stockpile gold as market ignores Fed!
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
Gold to rally as recession risk mounts
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
Recessions, rate cuts and gold!
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
Gold to surge 25% as inflation falls
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