Gold is getting a decent boost going into the weekend and beyond on a combination of escalating geopolitical tensions and a weaker US dollar. Last night’s US/UK coordinated attacks on Houthi rebels in Yemen have prompted fears of reprisals, and with both sides unlikely to back down the already fraught situation is likely to get worse.
Crude…
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 $
