Fed Chairman Kevin Warsh leaned hawkish in his speech from Jackson Hole, Wyoming on Friday, reiterating the central bank’s commitment to keeping inflation under control, and this stance could be a significant headwind for gold in the near term, according to Bart Melek, Head of Commodity Research at TD Securities.
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 $
PRICE
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