Gold (XAU/USD) retreated around 1.50% on Monday as risk appetite improved following the halt of hostilities between the US and Iran over the weekend. The pause in tensions, which had threatened to derail negotiations and disrupt oil flows through the Strait of Hormuz, reduced safe-haven demand for the yellow metal.
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 $
