Spot gold is currently around AUD $6,403.48 per ounce, while silver is trading around AUD $96.26 and platinum around AUD $2,559.70. After gold recently pushed towards US$4,700, the market has entered a period of consolidation, with investors watching closely to see whether this is simply a healthy correction before another move higher.
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 $
