Current Prices: Gold USD 2649.90/oz (AUD 4073.93) And Silver USD 30.84/oz (AUD 47.43) Gold Price climbed for a third consecutive session to mark a one-week high on Wednesday, as investors sought refuge in the safe-haven metal amid mounting geopolitical unease fuelled by escalating Russia-Ukraine tensions. Spot gold rose by 0.68% trading near $US2,649.90 and silver fell by 1.13% trading near $US30.84 an ounce at the US close. US share markets dropped on Wednesday, as continued escalation of Russia-Ukraine tensions worried investors….

Current Prices: Gold USD 2611.63/oz (AUD 4013.67) And Silver USD 31.15/oz (AUD 47.90) Gold Price soared on Monday, after six days of losses, as the U.S. dollar’s surge stalled and heightened uncertainty over the Russia-Ukraine conflict rekindled safe-haven demand. Spot gold rose by 1.90% trading near $US2,611.63 and silver jumped by 3% trading near $US31.15 an ounce at the US close. US share markets were mixed on Monday. The S&P 500 and the Nasdaq indexes rebounded as investors awaited quarterly results…

Current Prices: Gold USD 2562.87/oz (AUD 3966.72) And Silver USD 30.24/oz (AUD 46.82) Gold Price on Friday was on track for their biggest weekly decline in over three years as expectations of less aggressive interest rate cuts by the U.S. Federal Reserve lifted the dollar. Spot gold fell by 0.05% trading near $US2,562.87 and silver fell by 0.61% trading near $US30.24 an ounce at the US close. Over the week gold was down by 4.51% and Silver down by 3.37%. US…

Current Prices: Gold USD 2564.25/oz (AUD 3973.51) And Silver USD 30.42/oz (AUD 47.16) Gold Price were subdued after hitting a two-month low on Thursday, pressured by a strong dollar rally, though traders have not lost confidence in a December rate cut following the latest U.S. economic data. Spot gold fell by 0.33% trading near $US2,564.25 and silver however jumped by 0.45% trading near $US30.42 an ounce at the US close. US share markets retreated from all-time highs on Thursday following a…

Current Prices: Gold USD 2572.67/oz (AUD 3966.68) And Silver USD 30.29/oz (AUD 46.73) Gold Price extended losses for the fourth straight session on Wednesday, weighed down by a stronger dollar and elevated bond yields on news that October U.S. consumer prices increased as expected. Spot gold fell by 0.98% trading near $US2,572.67 and silver dropped by 1.33% trading near $US30.29 an ounce at the US close. US share markets were mixed on Wednesday after in-line consumer price inflation data kept the US Federal…

Current Prices: Gold USD 2598.24/oz (AUD 3976.78) And Silver USD 30.69/oz (AUD 47) Gold Price fell to nearly a two-month low on Tuesday in the face of a stronger dollar, optimism about economic growth under a second Trump administration, and a broader market pivot following the Nov. 5 U.S. presidential election. Spot gold fell by 0.81% trading near $US2,598.24 and silver was flat trading near $US30.70 an ounce at the US close. US share markets fell from all-time highs on Tuesday.With around…

Current Prices: Gold USD 2683.82/oz (AUD 4077.52) And Silver USD 31.29/oz (AUD 47.55) Gold Price dropped on Friday, logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump’s victory and its potential impact on U.S. interest rate expectations. Spot gold fell by 0.83% trading near $US2,683 and silver fell by 2.27% near $US31.29 an ounce at the US close. Over the week, gold was down by 1.92% and…

Current Prices: Gold USD 2704.46/oz (AUD 4051.32) And Silver USD 32/oz (AUD 47.95) Gold Price rose more than 1% on Thursday, helped by a retreat in the U.S. dollar, while the Federal Reserve cut interest rates by a quarter of a percentage point as widely expected. Spot gold was up by 1.78% trading near $US2,706 and silver jumped by 2.77% near $US32.02 an ounce at the US close. Gold ETF demand turns positive for year-to-date, says WGC. We also notice from…

Current Prices: Gold USD 2734.76/oz (AUD 4119.63) And Silver USD 33.64/oz (AUD 50.69) Gold Price rose on Thursday to trade near record highs as safe-haven demand from persistent geopolitical concerns bolstered prices. Spot gold was up by 0.75% trading near $US2735.74 and silver were almost unchanged trading near $US33.65 an ounce at the US close. US share markets were mixed on Thursday with traders parsing a slew of US corporate earnings. Shares of Tesla soared on strong earnings and forecasts. The…

Current Prices: Gold USD 2747.98/oz (AUD 4111.46) And Silver USD 34.80/oz (AUD 52.08) Gold Price hit an all-time peak on Tuesday as factors including safe-haven demand, spurred by U.S. election uncertainties and the Middle East war, combined with expectations of further monetary easing to amplify bullion’s surge. Spot gold rose by 1.07% trading near $US2748.77 and silver jumped 3.20% trading near $US34.84 an ounce at the US close. US share markets were mixed on Tuesday, clawing back some losses from earlier in the day. Investors…