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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
REFRESH

Silver Rebounds as Gold Recovers Despite Higher Rates and Rising Yields

Silver Rebounds as Gold Recovers Despite Higher Rates and Rising Yields

Precious metals showed renewed strength at the end of last week, with silver recovering towards US$66 an ounce and gold climbing back towards US$4,380. However, higher interest rates, a stronger US dollar and elevated Treasury yields continue to create a challenging short-term environment for precious metals.

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World Gold Council

China gold market update: Official buying accelerated in August

Gold experienced its strongest month since January (Chart 1). The LBMA Gold Price PM in USD and SHAUPM in RMB rose 13% and 8.4% respectively. Our gold return attribution model identifies momentum as the primary driver of gold’s rebound, underpinned largely by a marked improvement in ETF and futures positioning. Investors ramped up gold buying…

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Gold Under Pressure as the Fed Finds Itself in an Almost Impossible Position

Gold Under Pressure as the Fed Finds Itself in an Almost Impossible Position

Gold has started the week under renewed pressure, falling below US$4,300 an ounce as traders position themselves ahead of the Federal Reserve’s September policy decision. The immediate pressure on gold is coming from several directions. The US dollar has strengthened, Treasury yields have moved higher and markets are increasingly expecting the Fed to raise interest…

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