Gold & Silver Price AUD – Market News 22/01/2025
Current Prices: Gold USD 2744.51/oz (AUD 4375.33) And Silver USD 30.82/oz (AUD 49.15) Gold prices jumped to an over two-month peak on Tuesday, supported by a weaker dollar and as markets flocked to the safe-haven asset amid uncertainty surrounding U.S. President Donald Trump’s potential tariffs. Spot gold was up by 1.39%, trading near $US2744.50, and silver rose by 1.09%, trading near $US30.82 an ounce at the US close. In US share markets with around an hour left of trade on…
Gold & Silver Price AUD – Market News 21/01/2025
Current Prices: Gold USD 2706.87/oz (AUD 4327.37) And Silver USD 30.49/oz (AUD 48.79) Gold prices edged higher on Monday, bolstered by a weaker U.S. dollar, as markets assessed the potential economic impact of U.S. President Donald Trump‘s second-term policies following his inauguration. Spot gold was up by 0.16%, trading near $US2706.87, and silver rose by 0.56%, trading near $US30.49 an ounce at the US close. US share markets closed Monday for the Martin Luther King Jr. Day holiday. Futures tied to…
Weekly Market Update 20/01/2025
Guardian Gold Weekly Market Update Welcome to our weekly market update, covering moves across various financial markets, with a quick look forward to upcoming data releases. Last week’s market moves: Precious Metals (in USD): Asset Jan 10 Price Jan 17 Price % Change Gold $2,689.33 $2,702.19 +0.48% Silver $30.10 $30.80 +2.33% Platinum $932.00 $938.00 +0.64% Data sourced from Exchange-Rates.org and Kitco. Precious Metals (in AUD): Asset Jan 10 Price Jan 17 Price % Change Gold…
Gold & Silver Price AUD – Market News 20/01/2025
Current Prices: Gold USD 2702.48/oz (AUD 4365.32) And Silver USD 30.32/oz (AUD 49.02) Gold prices were pressured by an uptick in the U.S. dollar on Friday but remained on track for a weekly gain as uncertainties around incoming President Donald Trump’s policies and renewed bets of further rate cuts lifted bullion above the key $2,700 level. Spot gold fell by 0.43%, trading near $US2702.50, and silver dropped by 1.56%, trading near $US30.32 an ounce at the US close. Over the…
Gold & Silver Price AUD – Market News 17/01/2025
Current Prices: Gold USD 2714.27/oz (AUD 4369.90) And Silver USD 30.80/oz (AUD 49.60) Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields further, following a soft core inflation reading this week that increased bets for a more dovish Federal Reserve policy. Spot gold rose by 0.65%, trading near $US2714.27, and silver increased by 0.43% trading near $US30.80 an ounce at the US close. US share markets dipped on Thursday as…
Gold & Silver Price AUD – Market News 16/01/2025
Current Prices: Gold USD 2696.70/oz (AUD 4330.75) And Silver USD 30.67/oz (AUD 49.25) Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, abating inflation pressures and rekindling expectations that the Federal Reserve’s easing cycle may not be over yet. Spot gold rose by 0.72%, trading near $US2696.70, and silver increased by 2.62% trading near $US30.669 an ounce at the US close. US share markets surged on Wednesday after US…
Gold & Silver Price AUD – Market News 15/01/2025
Current Prices: Gold USD 2677.32/oz (AUD 4322.45) And Silver USD 29.88/oz (AUD 48.27) Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint hope that the Federal Reserve would continue on its rate-easing path this year, sending the dollar lower. Spot gold rose by 0.55%, trading near $US2677.32, and silver increased by 0.91% trading near $US29.88 an ounce at the US close. US sharemarkets climbed on Tuesday. A gauge of “Magnificent…
Gold & Silver Price AUD – Market News 14/01/2025
Current Prices: Gold USD 2662.69/oz (AUD 4310.85) And Silver USD 29.61/oz (AUD 47.95) Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented expectations the Federal Reserve will proceed with caution with cutting interest rates this year. Spot gold fell by 1%, trading near $US2662.69, and silver dropped by 2.57% trading near $US29.61 an ounce at the US close. US share markets were mixed on Monday. Mega…
Gold & Silver Price AUD – Market News 13/01/2025
Current Prices: Gold USD 2689.44/oz (AUD 4377.03) And Silver USD 30.39/oz (AUD 49.47) Gold prices rebounded on Friday as uncertainty surrounding the incoming Trump administration’s policies lifted safe-haven appeal. Spot gold rose by 0.72%, trading near $US2689.44, and silver jumped 0.98% trading near $US30.39 an ounce at the US close. Over the week, gold was up by 1.89% and silver increased by 2.72%. US share market tumbled on Friday, with the S&P 500 index erasing its 2025 gains, after a…
Gold & Silver Price AUD – Market News 10/01/2025
Current Prices: Gold USD 2670.14/oz (AUD 4310.25) And Silver USD 30.10/oz (AUD 48.63) Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how U.S. President-elect Donald Trump’s policies would impact the economy and inflation. Spot gold rose by 0.32%, trading near $US2670.14, and silver was flat trading near $US30.10 an ounce at the US close. US share markets were closed on Thursday, and US equity futures ticked lower. Futures tied to the…