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…

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…

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…

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…

Current Prices: Gold USD 2664.26/oz (AUD 3851.04) And Silver USD 31.81/oz (AUD 45.98) Gold Price retreated on Friday as investors took profits after reaching a record high. Spot gold fell by 0.53% trading near $US2,658 and silver dropped by 1.20% trading near $US31.61 an ounce at the US close. Over the week gold rose by 1.37% and Silver jumped by 1.50%. US share markets traded mixed on Friday. The blue-chip Dow Jones index closed at a record high as a…

Current Prices: Gold USD 2672.09/oz (AUD 3873.84) And Silver USD 32/oz (AUD 46.41) Gold Price trading at record levels, as markets continued to assess the scale of expected rate cuts from the Federal Reserve in the ongoing easing cycle. Spot gold rose by 0.58% trading near $US2,672 and silver jumped by 0.65% trading near $US32 an ounce at the US close. US share markets climbed on Thursday, with the S&P 500 index hitting an all-time high. The Dow Jones index…

Precious Metals Overview In recent weeks, the precious metals market has experienced notable volatility, driven primarily by escalating geopolitical tensions and shifting economic indicators. As of today, spot gold is trading at AUD $3,900 and USD $2,658 per ounce, while silver has risen to AUD $46.70 in AUD and USD $31.85 in USD. This surge in prices reflects a growing demand for safe-haven assets as investors navigate an increasingly volatile global landscape. The recent price movements in gold and silver…

Current Prices: Gold USD 2656.86/oz (AUD 3895.51) And Silver USD 31.82/oz (AUD 46.68) Gold Price advanced on Wednesday setting up another record high. Spot gold was trading near $US2,657 and silver fell by 0.91% trading near $US31.79 an ounce at the US close. US sharemarkets were mixed on Wednesday as investors pondered the US Federal Reserve’s path of interest rate cuts. The Dow Jones index fell by 293 points or 0.7%, snapping a four-day winning streak and the S&P 500…

Current Prices: Gold USD 2658.16/oz (AUD 3853.46) And Silver USD 32.13/oz (AUD 46.60) Gold Price rose on Tuesday hovering at record levels, as prospects of less restrictive monetary policy and elevated geopolitical risks magnified support for safe-haven assets. Spot gold rose by 1.09% trading near $US2,657 and silver jumped by 4.59% trading near $US32.08 an ounce at the US close. US sharemarkets rose on Tuesday, with the Dow Jones and S&P 500 indexes hitting fresh record closing highs, overcoming weak…

Current Prices: Gold USD 2587.20/oz (AUD 3800.21) And Silver USD 30.77/oz (AUD 45.24) Gold Price rose on Thursday as the U.S. Federal Reserve launched its monetary easing cycle. Spot gold rose by 1.09% trading near $US2,586.72 and silver increased by 2.35% trading near $US30.76 an ounce at the US close. US sharemarkets soared on Thursday with the S&P 500 and the Dow Jones indexes rising to fresh all-time highs after the Fed kicked off its monetary easing cycle with a…