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.
Tag Archives: australian gold price
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.
