Gold Spot Price $AU2947 Silver Spot Price $AU34.95 Platinum Spot Price $AU1393 The global financial landscape witnessed a notable downturn as it reacted to the release of concerning economic data from China. In the month of July, Chinese exports saw…
In a week packed with significant economic developments, the FED once again raised interest rates, while GDP surged to an impressive 2.4%, surpassing estimates. These figures provided more impetus for the FED to consider more aggressive rate increases. Consumer spending,…
Gold Spot Price $AU2898 Silver Spot Price $AU36.48 Platinum Spot Price $AU1442 US stocks are on a remarkable upward trajectory, with the Dow Jones experiencing its 12th consecutive session of daily gains. While investors celebrate, economists are cautious as the…
Gold and silver have had a notably positive week, reflecting growth in various sectors. However, upon closer examination of US economic indicators, it becomes apparent that growth in retail and manufacturing is weak or even negative. Industrial production saw a…
Gold Spot Price $AU2907 Silver Spot Price $AU36.92 Platinum Spot Price $AU1461 Gold and silver bullion have shown remarkable resilience, defying their 200-day moving averages (200MDA) and soaring towards their psychological ceilings (Gold US2000 and Silver $US30) Over the past…
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…
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