As we expected earlier in the week, better than expected inflation data has given fuel the Stockmarket. Precious metals are also joining in, both jumping up this week. Silver jumped very aggressively, as you can see in today’s pricing charts.…
Gold Spot Price $AU2892 Silver Spot Price $AU34.71 Platinum Spot Price $AU1399 As the US Federal Reserve (FED) appears to have made significant strides in addressing inflation concerns, market participants eagerly await the release of the latest inflation data, which…
US private sector employment added a massive 497,000 new jobs in the month of June. This almost doubled expectations and has economist scratching their heads in confusion. “The data is out of left field or perhaps from somewhere in the…
Gold Spot Price $AU2881 Silver Spot Price $AU34.47 Platinum Spot Price $AU1390 In a surprising move, the Reserve Bank of Australia (RBA) opted to pause interest rates, keeping them steady at 4.10%. This decision has raised eyebrows, particularly among conservative voices who argue that…
Gold Spot Price $AU2870 Silver Spot Price $AU34.33 Platinum Spot Price $AU1400 The Australian share market endured a challenging week, breaking through its 200-day moving average (200MDA) floor and heightening worries of a looming recession among market participants. Despite trading…
Yesterday, the Reserve Bank of Australia (RBA) surprised many by announcing an increase in the base interest rate by 0.25% to 3.85%, despite predictions to the contrary. This follows a series of previous increases, resulting in heightened financial strain on…
Gold is defined by stability, maintaining, and progressing its value throughout the ages. People see gold as a way to pass on and preserve wealth from one generation to the next; Where Can You Buy Gold Bars in Australia? Have…
Gold Spot Price $AU2860 Silver Spot Price $AU34.26 Platinum Spot Price $AU1434 Banks have suffered an interesting double edged blow this June. Consumer lending from major US banks dropped $49B and deposits slipped by $79B. While these figures are a…
Following the recent rate hikes by the Reserve Bank of Australia and the European Central Bank, the Federal Reserve (FED) has provided some relief to US mortgage holders by announcing a pause on interest rate increases. US FED emergency bank…
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