Gold prices moved sharply higher following the US Federal Reserve's decision to leave interest rates unchanged, with investors interpreting the central bank's split decision as a sign that further rate hikes may be less likely in the near term.
The precious metal opened with a strong gap higher after the Federal Open Market Committee (FOMC)…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
