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View the live gold price and silver price in AUD and USD, as well as the gold/silver ratio chart when browsing this page on desktop. Guardian Gold produces regular gold and silver market updates and news reports which go out to all account holders as a free service. Keep up to date with the latest technical analysis and economic commentary by creating a free Guardian Gold account.
Gold is seen as a reliable way of preserving wealth over generations, due to its relative scarcity and very limited supply. Gold’s stock to flow ratio means that the gold supply curve only ever changes marginally. All gold from new mining operations only adds around 1.5% to existing above ground stock piles. Central Banks on the other hand, expand the monetary base of fiat currencies at a much faster rate.
EOFY 24 SPOT PRICES (30/06/2024)
Gold (AUD) : $3485.01 per troy ounce
Silver (AUD) : $43.65 per troy ounce
Platinum (AUD) : $1,523.48 per troy ounce
Palladium (AUD) : $1,563.85 per troy ounce
Get daily updates about the gold market by creating a free account, or sign up to our mailing list for free weekly market updates.
There are many economic factors that influence gold and silver prices. Supply and demand fundamentals, inflation, interest rates and geopolitical invents will often be big factors driving the gold market. In our regular market updates we try to cover education around recent movements across the precious metals space, with a balanced long-term focus on fundamentals.
Some short-term technical analysis of gold and silver price AUD charts can be used to identify areas of support and resistance, as well as moments where the silver or gold market hits and oversold or overbought level. We hope to provide some clarity behind recent price movements with a balanced view.
All of our cast bar and coin prices update with the live underlying spot prices every three minutes. Guardian Gold sources all of our precious metals direct from reputable dealers such as The Perth Mint and Royal Australian Mint. Our wholesale authorised distributor account ensures we can source bullion at the best prices possible from mints and refineries.
If you are looking to sell metal back to Guardian Gold, our buyback rates are 2.5% below spot for gold products and 3.5% below spot. More information on selling bullion can be found here.
All subscribers will also receive stock specials as an email notification. Given we have the largest private bullion storage in Australia, we often have a good range of buybacks in stock in Melbourne and Sydney, which allows us to have regular sales on the most popular bullion products.
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