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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 $

Gold Holds Firm Despite Strong US Jobs Data as Markets Eye Potential Middle East Ceasefire

Gold Holds Firm Despite Strong US Jobs Data as Markets Eye Potential Middle East Ceasefire

Gold prices stabilised on Monday after recovering from earlier losses, as growing hopes of a potential ceasefire between Israel and Iran helped support safe haven demand. However, stronger than expected US employment data boosted the US dollar and reinforced expectations that the Federal Reserve may maintain higher interest rates for longer, limiting gold’s upside.

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Cadia is one of Australia’s largest gold mines.

Australian gold output down slightly as prices vary widely

Australian gold production fell almost 3% to 75 tonnes in this year’s first quarter compared to the previous period due to rain and bushfires, while gold price highs kept the output valuable, Melbourne-based mining consultants Surbiton Associates says. That production total, worth about A$17 billion ($12 billion) was down just two tonnes from last year’s fourth…

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