Skip to content Skip to footer
  • Gold

    AUD $

  • Platinum

    AUD $

  • Silver

    AUD $

Gold
October 11, 2023581Views0Likes0Comments

Gold Recovers From Deep Sell-Off

Gold markets have managed to partly pare back losses and reverse a deep selloff over the past couple of days after Friday’s surprise attack by Hamas on Israel, overcoming negative sentiment triggered by the Fed’s hawkish outlook of higher-for-longer interest rates as well as a brawny dollar. Gold prices have gained 2.3% since Friday to trade…

Read more

Gold Silver
October 6, 2023383Views0Likes0Comments

Gold and Silver Latest Outlooks – Treading Water as US Jobs Report (NFP) Looms Large

The US dollar is drifting lower in early trade as US yields slip, but the greenback’s technical outlook remains bullish for now. All eyes now are on Friday’s US Jobs Report. Longer-dated US Treasury yields remain elevated but have given back a few basis points today after this week’s sharp rise. The supply/demand imbalance seen in longer-dated USTs…

Read more

Gold Silver
October 4, 2023522Views0Likes0Comments

Commodities are struggling now, but the lack of supply will drive long-term prices higher, gold, copper and silver to shine

Rising bond yields and bullish momentum in the U.S. dollar continue to weigh on broad commodity prices; however, despite the lackluster price action, one investment bank says that emerging global economic trends mean investors should hold copper, gold and silver in their portfolio. In a recent interview with Kitco News, Robert Minter, director of ETF Investment Strategy at abrdn, said…

Read more