Gold has surged higher, breaking back above the key $4,200 per ounce level as investors react to fresh signs that the US labour market is losing momentum.
The latest boost came after private payroll processor ADP reported that US businesses added just 44,000 jobs in July, significantly below market expectations of around 68,000 new positions.
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 $
