In Tuesday's trading session, the Gold spot price XAU/USD experienced a remarkable surge, breaking the $2,000 barrier and seeing a 1.40% increase. This notable performance was primarily driven by the downdraft in US yields, often seen as the opportunity cost of holding non-yielding metals and by a weak US dollar.
Today’s highlight will be the Federal…
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 $
