Spot pricing for Gold $AU6066

Spot pricing for Silver $AU72.70

Spot pricing for Platinum $AU2377

Gold pricing has steadied this week after recent drops, with investors taking a breather as markets digest a string of central bank and institutional signals. After a volatile fortnight, bullion appears to be finding short-term footing as traders balance liquidity concerns against the broader economic outlook.

In the US, the Federal Reserve’s Standing Repo Facility drew record demand on Friday, lending $US50.35 billion to financial institutions across two separate windows — the largest use of the facility since it began in 2021. The surge suggests that funding pressures may be rising beneath the surface, even as the Fed maintains its stance that markets remain orderly.

Meanwhile, Berkshire Hathaway has pared back its exposure to the banking sector, with Warren Buffett reportedly selling 41% of the company’s stake in Bank of America. The move effectively ends Berkshire’s long-standing position across major US banks and signals a clear retreat from the sector amid shifting interest-rate and credit dynamics.

Back home, the RBA held rates steady, providing some relief to homeowners but little comfort for retailers facing a subdued lead-up to Christmas. Supermarkets are already leaning into “budget-friendly” marketing, with a “Home Brand Festive Season” push aimed at easing the cost-of-living squeeze.

For now, gold remains range-bound, but the combination of rising global funding stress and shifting institutional behaviour — from the Fed to Buffett — could make for an interesting close to the year.

Thanks for reading – and always do your own research before making any investment decisions.

Enjoy today’s charts.

Gold daily chart, with 50MDA