Gold prices stabilised on Monday after recovering from earlier losses, as growing hopes of a potential ceasefire between Israel and Iran helped support safe haven demand. However, stronger than expected US employment data boosted the US dollar and reinforced expectations that the Federal Reserve may maintain higher interest rates for longer, limiting gold’s upside.
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 $
