Current Live World Spot Prices
Last update: Thu 29th October 2020 02:53 (Melbourne)
Gold: $2,665.79 AUD     $1,881.40 USD Silver: $33.12 AUD     $23.38 USD

Tag Archives: gold australia

Huge opportunity for Australian Gold Investors if AUD falls against USD

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.

Minor Players in the Gold Mining Sector Now Represent Hope

Despite the near disaster occurring in several markets to the present moment, along with all the panic among gold investors, there is still great news. This well appreciated good news has been born from the bad financial situation itself. Giants in the mining industry are suffering and making entire armies of investors flee. They are in debt and selling plenty of assets, like mines and associated operations.