Tag Archives: australian gold price

Losing Gold Market Remains Highly Profitable for Australians

While international markets keep losing value when it comes the yellow market, this doesn’t represent a huge problem for the production industry in Australia. Even with the falling prices, the profits for Australian producers are massive. In fact, gold production reported big increases during September quarter according to Surbiton Associates, a Melbourne consultant company that

Huge opportunity for Australian Gold Investors as AUD expected to return to pre GFC value of 0.55 US cents

Gold has had a very turbulent introduction to the 2015 calendar year so far, with gold prices falling heavily in US dollars continually. There is however still good news for Australian investors, the Australian dollar has fallen almost equally with the US dollar, meaning that losses in gold value have barely impacted local reserve prices.