Precious metals prices continued to ease over the past five trading days, with gold and silver down by 2% and 4% respectively (USD). While headline inflation continues to ease, there are signs that it is proving stickier than hoped.
Read the #ABCBullion Market Update now.
The Prime Minister & the Minister for Industry and Science visited Pallion’s newest facility today. They saw the world’s largest automated barring facility. The Prime Minister said at his visit, “It’s..grown to be one of the world’s greatest companies.."
They even make the Melbourne Cup – from refining to design, to smelting and manufacturing.
Our National Reconstruction Fund will help rebuild Australia’s manufacturing industry – so we can empower more local success stories like Pallion to create more jobs.
Making more things here in Australia means more secure jobs.
The workers here at Pallion in Sydney produce billions of dollars worth of precious metals every year.
At last week’s Jackson Hole Symposium, Fed Chair Jerome Powell took just 8 minutes to confirm that the Fed is unlikely to pare back the aggressive pace of interest rate hikes they’ve implemented in the last few months.
Read the #ABCBullion Market Update abcbullion.com.au/investor-c…
Investors brace for Fed announcement while markets lull: all eyes will be on U.S. Federal Reserve Chair Jerome Powell’s speech for any indication of the Fed’s interest rate changes in this half of the financial year. Read the #ABCBullion Market Update. bit.ly/3citMzn
Many of our clients struggle to identify how to capitalise on the gold-to-silver ratio (GSR) to suit their investing goals.
Read how to utilise gold-to-silver ratio data #ABCBullionbit.ly/3QM4DMt
With Australians’ earnings not matching rising inflation, it is more important than ever to consider investment options that can hedge existing wealth against volatile economic climates. Read the #ABCBullion Market Update bit.ly/3AwMGLW
This week, ABC Bullion's Global Head of Institutional Markets, Nick Frappell, took some time to provide some insight and analysis on what drives gold and silver positioning, particularly centering around the CME. bit.ly/3Aps6NG
Following new data on the US Consumer Price Index, we investigate the influences on its decrease and analysts’ projections on the Fed’s inflation management strategy, as well as assess the ABS’s report on the Australian CPI. bit.ly/3pfj5Ao
A common misconception when it comes to investing in precious metals is that putting large sums of money into gold all at once is the only beneficial or efficient way to invest in gold. bit.ly/3JJTMQv
Gold maintains its position as a safe haven for wealth in times of concern and with new quarterly CPI data being released next week, investors and homeowners are rushing to add gold and precious metals to their portfolios... bit.ly/3RQdWfd
Spot gold is down 4.26%, losing US$77 per ounce to rest at US$1,740. The US dollar continues to put pressure on gold. Managed money does not appear to be rotating into gold in spite of inflation remaining... bit.ly/3NLDc2U
Spot gold is marginally lower this week; it has been largely forming a consolidation pattern over the past two weeks. Federal Reserve Bank rate increases are putting pressure on gold but US Treasury yields dipped lower, providing some relief. bit.ly/3NBApZU
In today’s global environment with lots of uncertainty and change, no one should be without gold. So why should you consider Gold? abcbullion.com.au/investor-c…