Current Live World Spot Prices
Last update: Sat 16th November 2024 04:08 (Melbourne)
Gold: $3,962.08 AUD     $2,560.66 USD Silver: $46.81 AUD     $30.25 USD

Category Archives: Gold & Silver Markets

Should You Take Advantage From Diwali to Profit This Year?

Investors often see Indian festivities as an opportunity to profit from the gold market. If the conditions are set, there is money to earn in this sector. Are the conditions ideal for the upcoming Diwali?

Are India and China Leading the Gold’s Bullish Market by Themselves?

Gold Buyers

Knowing exactly why gold is going up these days is a hard thing to accomplish. Many factors are involved in this confusing scenario.

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.

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.

China & PBOC’s gold announcement and consequences

The severe recent price drop has a few reasons behind it. They go from the financial (and now obvious) matter to the psychological aspects of the market. It becomes a true race between gold and the United States Dollar.

Business as usual: Markets return to their pre-euro-crisis state as status quo resumes.

Everything in the last week has played out as anticipated, Greece has once again been granted more debt by euro lenders to push the Greek problem away for another day, something we assumed was always going to be the case, something you can check in our previous article from the third of July:

Sunday Summary: The China Situation, Gambling on Digital Currency, Mixed Demand For Gold

Although seeing massive gains in recent years, the Chinese stock market had it’s first real test in the last week with losses of between 5.1% and 5.5%. This amounts to around 2.4 trillion USD in China’s equities, with flow on effects to commodity markets such as copper, along with limited losses in international stock markets.

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).