Spot gold has surged above US$4,500 per ounce for the first time since early June, as falling US bond yields and a weaker US dollar provide fresh support for the precious metal.
Gold jumped sharply on Wednesday, with spot prices rising around 4% to US$4,508.28 per ounce, while gold futures gained approximately 3.3% to US$4,567.94.…
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 $
