Current Live World Spot Prices
Last update: Sat 23rd November 2024 07:40 (Melbourne)
Gold: $4,170.75 AUD     $2,711.10 USD Silver: $48.14 AUD     $31.29 USD

Monthly Archives: March 2016

Gold’s role in short and long term protection for lower-middle income individuals / families

Gold and wealth is often viewed hand in hand, with gold no longer being a modern measure of wealth alone, many people still believe that buying gold is only an activity for the rich, the reality is nothing could be farther from the truth.

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.