Current Live World Spot Prices
Last update: Wed 2nd December 2020 20:23 (Melbourne)
Gold: $2,478.30 AUD     $1,828.95 USD Silver: $32.76 AUD     $24.17 USD

Author Archives: GoldNews: Robert

The Turkish Precious Metal Market

The precious metal market in turkey in 2012 aroused the interest of the world partly due to the demand stemming from the Turkish market which astounded traders coupled with a rumour that Turkey was prepared to trade the precious metal with crude oil from Iran despite international sanctions.

2016: The Golden Year?

Pure Gold and Silver Bullion Bars - Ingots

Since 2012 gold has been a rather disappointing asset right up to the very beginning of 2016 at which point the precious metal took on a new course that took it past most other commodities and placed it at the top of the investment chain in terms of performing assets.

Gold – Hidden Costs

Hidden costs are practically everywhere, most people get suckered into what is seemingly good buy or deal until they are slapped in the face with hidden costs and by that time it is often too late.

The Golden Vortex

It does seem that the prices of gold have taken a turn for the better after a long and arduous downtrend from September 2011, and after nearly scrapping the 1,000 dollar per ounce mark it seems to have bounced back after the 15th of January this year

The Silver Climate

For the last 7 years or more gold’s sidekick silver has not been a favourite for the average investor due to the fact that it has not been cheap relatively to gold for nearly 7 years, however the recent silver surge on the ETF platform has created a robust demand for silver indicating that silver will be riding the bull and outperform gold for the rest of the year.

All That Glitters Could Actually Be Gold Investments!

In April 2020, GoldNews.com.au came under new management, articles published before this time, such as the below, may not reflect the views or opinions of the current GoldNews.com.au team. Looking back into time a sharp investor would have observed nervous investors moving to add inverse exchange traded funds or contra investments which are basically investments

Investing in Bullion

As most of you probably already know that there are numerous ways through which an individual could invest in gold. From gold exchange traded funds (ETF’s), allocated and unallocated gold certificates, mutual funds right up to physical gold in the form of coins, bars and ingots. Most people invest in gold in order to protect or hedge themselves from unforeseen economic conditions such as inflation.

Financial Gymnastics: Summary of Recent Factors on Gold’s Price (July 2015)

The entire financial system remains on the brink of collapse, the total national debt of nations have gone ballistic with most of the western world having public debts of over 100 %. America, Brazil, China, Britain and Canada are leading the debt ratios with trillions of dollars in debt, debts are rising faster than economic outputs that pave the way towards higher taxes and according to The Economist debt ratios of above 90 % represent unhealthy economies in general (The Economist, 2015).

Chariot of Fire – The Precious Metal Market (7 July 2015)

Greece is in default; the Chinese stock market has practically crashed which has created a spill over towards US listed Chinese companies, prices of gold took a 20 dollar an ounce tumble and dragged other metal down along with it