Gold prices rebounded strongly overnight after fresh US inflation figures came in below market expectations, reducing pressure on the US Federal Reserve to continue raising interest rates. The softer inflation data sent the US dollar lower, boosted bond prices and reignited investor demand for precious metals.
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 $
