Current Prices: Gold USD 2356.74/oz (AUD 3504.66) And Silver USD 30.38/oz (AUD 45.18)
Gold Price were flat in after-hours trade on Thursday. Spot gold was trading near $US 2356.75 an ounce at close and silver fell by 0.31% trading near $US30.40 an ounce.
US share markets were closed on Thursday for the Independence Day holiday.
US government bond markets were shut on Thursday, with no cash trading of US Treasuries.
Currencies saw thin European & North American trade but generally consolidated on the gains of the previous day against the US dollar. The Aussie dollar rose from US67.03 cents to US67.32 cents and was near US66.28 cents at the start of the Asian day.
Looking Ahead: In Australia, ABS releases the Monthly Household Spending Indicator & US Nonfarm Payrolls jobs data is issued tonight local time.
Australian gold prices were down 0.27% (-9.47 per oz) to AUD 3504.30 at the US close.
Australian silver prices fell by 0.62% (-$0.28 per oz) to AUD 45.20 at the US close.
The current Gold and Silver Ratio is 77.64
Current AUD/USD is 0.67246
Gold (Yellow) vs Silver (White) vs ASX200 (Green) YTD Returns
Gold (Yellow) vs Silver (White) vs ASX200 (Green) Rolling 12 Month Returns
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Author: William Tao – Guardian Gold – Precious Metal Analyst
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