Gold & Silver Price AUD – Market News 16/10/2024
Current Prices: Gold USD 2662.48/oz (AUD 3975.28) And Silver USD 31.48/oz (AUD 47.01) Gold Price edged higher on Tuesday lifted by retreating Treasury yields, while investors cautiously awaited more data that could offer fresh clues on the Federal Reserve’s monetary easing cycle. Also, Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association’s annual conference in Miami on Monday. Spot gold rose by 0.52%…
Gold & Silver Price AUD – Market News 15/10/2024
Current Prices: Gold USD 2649.78/oz (AUD 3940.73) And Silver USD 31.26/oz (AUD 46.50) Gold Price eased on Monday as broad economic stimulus measures in China, the biggest bullion consumer, failed to invoke investor confidence and a U.S. dollar rally to two-month highs capped upside momentum. Spot gold fell by 0.31% trading near $US2648.69 and silver dropped 1.10% trading near $US31.17 an ounce at the US close. US sharemarkets rose on Monday. The Dow Jones index rose by 201 points or 0.5% for its…
Gold & Silver Price AUD – Market News 11/10/2024
Current Prices: Gold USD 2628.47/oz (AUD 3899.98) And Silver USD 31.11/oz (AUD 46.18) Gold Price gains on Thursday after traders added to bets that the Federal Reserve will deliver an interest-rate cut next month following the latest U.S. economic data. Spot gold rose by 0.86% trading near $US2629.93 and silver jumped by 2.23% trading near $US31.15 an ounce at the US close. US share markets fell on Thursday after data showed hotter-than-expected US inflation and a slowdown in the US labour…
Gold & Silver Price AUD – Market News 10/10/2024
Current Prices: Gold USD 2608.66/oz (AUD 3885.71) And Silver USD 30.45/oz (AUD 45.36) Gold Price retreated for the sixth straight day on Wednesday on an advancing dollar and diminished expectations for a larger rate cut from the Federal Reserve in November. Spot gold fell by 0.54% trading near $US2607.38 and silver fell by 0.58% trading near $US30.47 an ounce at the US close. US share markets rose on Wednesday, as technology stocks powered 1% higher and investors shook off geopolitical concerns…
Gold & Silver Price AUD – Market News 09/10/2024
Current Prices: Gold USD 2621.88/oz (AUD 3886.91) And Silver USD 30.67/oz (AUD 45.49) Gold Price Gold prices fell on Tuesday as recent U.S. employment data lowered expectations for a bigger rate cut, while markets awaited minutes of the U.S. Federal Reserve’s latest policy meeting for fresh signals. Spot gold fell by 0.79% trading near $US2,621.60 and silver fell by 3.22% trading near $US30.65 an ounce at the US close. US share markets rose on Tuesday, as a rally in the world’s…
Gold & Silver Price AUD – Market News 08/10/2024
Current Prices: Gold USD 2645.16/oz (AUD 3915.44) And Silver USD 31.67/oz (AUD 46.88) Gold Price eased on Monday as the U.S. dollar held strong and recent employment data prompted investors to scale back expectations of a big rate cut from the Federal Reserve in November. Spot gold fell by 0.40% trading near $US2,642.40 and silver fell by 1.60% trading near $US31.66 an ounce at the US close. US share markets fell on Monday, pressured by rising US bond yields as markets…
Gold & Silver Price AUD – Market News 04/10/2024
Current Prices: Gold USD 2655.21/oz (AUD 3876.92) And Silver USD 32/oz (AUD 46.75) Gold Price held steady on Thursday as safe-haven demand from escalating tensions in the Middle East offset pressure from a stronger dollar after investors toned down expectations of another big interest-rate cut from the U.S. Federal Reserve. Spot gold fell by 0.10% trading near $US2,655.84 and silver however rose by 0.61% trading near $US32.02 an ounce at the US close. US share markets fell in volatile trading on…
Gold & Silver Price AUD – Market News 03/10/2024
Current Prices: Gold USD 2660.12/oz (AUD 3863.76) And Silver USD 31.83/oz (AUD 46.25) Gold Price inched lower on Wednesday, hitting a pause after rallying more than 1% in the previous session, as traders hunkered down for more U.S. economic cues and developments on the Middle East conflict. Spot gold fell by 0.17% trading near $US2,658.48 and silver however rose by 1.26% trading near $US31.82 an ounce at the US close. US share markets inched higher on Wednesday, with technology shares gaining…
Gold & Silver Price AUD – Market News 02/10/2024
Current Prices: Gold USD 2660.94/oz (AUD 3866.57) And Silver USD 31.37/oz (AUD 45.61) Gold Price jumped on Tuesday on safe-haven demand as fears of a full-out war in the Middle East escalated after Iran fired ballistic missiles at Israel. Spot gold rose by 1.08% trading near $US2,663 and silver jumped by 0.91% trading near $US31.42 an ounce at the US close. US sharemarkets fell on Tuesday. The Dow Jones index fell by 173 points or 0.4%, the S&P 500 index dipped…
Gold & Silver Price AUD – Market News 01/10/2024
Current Prices: Gold USD 2635.67/oz (AUD 3811) And Silver USD 31.19/oz (AUD 45.11) Gold Price eased on Monday, taking a breather after a historic rally driven by U.S. monetary easing and heightened Middle East tensions, which put it on course for its best quarter since 2020 rising over 13%. On the last day of the month trading spot gold fell by 0.88% trading near $US2,634.55 and silver dropped by 1.49% trading near $US31.14 an ounce at the US close. US…