Media & Articles

A Perfect Storm

Precious Metals Commentary (week ending 9th August 2019) This week, we look at: Falling interest rates across the globe Whether negative rates are natural or not Gold and silver volatility and price outlook  Read the full report by ABC Bu…

Go, Aussie Debt, Go!

Precious Metals Commentary (week ending 2nd August 2019) No breather for the metals this week with fresh Trump tariffs causing gold to spike to $1,449 and silver gaining ground back to $16.23. The US price move combined with a falling Aussie dollar…

Desperately Seeking Inflation

Precious Metals Commentary (week ending 26th July 2019) Gold pulled back to $1,417 this week on the back of a stronger US Dollar, with silver shining brightest, adding USD 10c to trade at $16.45 at time of writing. This week, we look at why RBA Go…

Silver Spikes 7% - Here's Why

Precious Metals Commentary (week ending 19th July 2019) Benefitting from dovish comments by NY Fed President, gold moved to USD$1,444 - the highest price since 2013. However the real surprise was silver, which rallied over 7% in five days to USD$16…

ABC Bullion Go4Gold Award

Australasia’s largest precious metal services group Pallion and its subsidiary ABC Bullion, are proud to partner with Ski Club Arlberg and support the next generation of world ski champions. The Ski Club Arlberg is one of the oldest and well-know…

Gold Gains on Powell Pronouncements

Precious Metals Commentary (week ending 12th July 2019) Gold started the week under USD$1,400 but moved decisively up to $1,426 on the back of Fed chair Powell’s dovish comments. Aussie gold and silver prices held above $2,010 and $21.65 respective…

Gold as First Step on Property Ladder

Precious Metals Commentary (week ending 5th July 2019) ABC Bullion’s trading volumes this week were the highest they have been all year on the back of a strong gold move from USD$1,384 to sit currently at $1,422. Silver was in a much tighter range …

Why Is Silver so Sluggish?

Precious Metals Commentary (week ending 28th June 2019) We have had a wild week at ABC Bullion with a big uptick in trading as gold broke through $1,400, with AUD gold reaching $2,063 before a not unreasonable consolidation back to $2,012. However,…

$2,000 Gold Achieved, What’s Next?

Precious Metals Commentary (week ending 21st June 2019) Our call for AUD$2,000 gold for 2019 was met a bit sooner than even we expected on the back of US gold breaking through a key resistance zone on its way above $1,400 as we write. This week, we…

We Make The Lexus Melbourne Cup

ABC Bullion, the proud manufacturers of the Lexus Melbourne Cup ABC Bullion has been the appointed manufacturer of the Melbourne Cup trophy since 2016. Having been initially sponsored by Emirates, the cup is now proudly sponsored by Lexus a…

​Gold Marches Higher on Iran Oil Tanker Attack

Precious Metals Commentary (week ending 14th June 2019) Gold marched higher on news of two oil tankers being attacked in the Sea of Oman to USD$1,345 and silver to $14.95.  This week, we look at insights from the Asia Pacific Precious Metals Confe…

In Gold We Trust

Precious Metals Commentary (week ending 7th June 2019) Gold staged a sharp rally this week from USD$1,290 to $1,333 and silver followed behind, rising to USD$14.90. With the AUD still below 0.70c, gold traded up through all time highs in Aussie dol…

​Westpac’s Call = $2,000 Gold

Precious Metals Commentary (week ending 31st May 2019) Gold consolidated above $1,280 so there's potential for a rally next week. Aussie dollar clings to 0.69c pushing AUD gold to a whisker from all-time highs at $1,870. Read on for:  Why we see…

Sell Stocks in May and Go Away

Precious Metals Commentary (week ending 24th May 2019) Gold drifted lower this week before catching a bid on the back of US stock markets selling off, with weakness in the beaten up AUD seeing gold at $1,868 and silver at $21.20 for local investors…

Down Under Under-Employed

Precious Metals Commentary (week ending 17th May 2019) Precious metals had an up and down week with gold briefly reaching $1,300 but consolidating above $1,280, with silver slightly lower at $14.50. With the AUD/USD knocking out fresh lows below 0.…

China Buys Gold as Trade Wars Escalate

Precious Metals Commentary (week ending 10th May 2019) Gold added $10 per ounce this week, rallying back above USD$1,280 and holding above the trendline from September 2018. Silver is slightly higher than last week at USD$14.80. AUD/USD failed to h…

Risk On/Off, Gold Off/On

Precious Metals Commentary (week ending 26th April 2019) Gold and silver were under pressure for the first half of the week, falling to lows of $1,266.42 and $14.75, but were able to stage a recovery. A weak Aussie dollar was good for local investo…

Gold Hits 2019 Bottom - What’s Up?

Precious Metals Commentary (week ending 19h April 2019) Gold failed to hold above $1,280 support this week, posting its lowest price of 2019 at USD$1,274, and $1,773 in AUD terms. In this update, we look at the recent sell-off from a technical p…

Is the Lucky Country out of Luck?

Precious Metals Commentary (week ending 12th April 2019) Gold danced around USD$1,300 this week before trading lower with silver below $15. With the AUD/USD at 71.2 cents, AUD gold is at $1,815 and silver sits at $21.17. The Gold Silver Ratio rem…

Fairy Tale Budget

Precious Metals Commentary (week ending 5th April 2019) Precious metals stabilised this week in USD, holding above the 100 day moving average, but struggled to make any ground weighed down by a firmer dollar and higher regional equity markets. A …

ABC Refinery Accredited by the Shanghai Gold Exchange

10 April 2018 New export opportunities for Australian Gold opened up by prestigious accreditation for Australian gold refiner Independent, Australian gold refinery, ABC Refinery has achieved a rare global feat in China – attaining accreditation …

ABC Refinery Now Using Acidless Separation

ABC Refinery now uses acidless separation (ALS) for gold refining. ALS is the most technologically advanced, environmentally-sound, non-toxic separation process for gold that exists today. In the words of Managing Director, Phil Co…

March 2016 Commentary

March 2016 Commentary Gold After the tearaway performance for the start of the year, gold has started to show signs of topping out in the high 1200’s, failing to breach the hoped for USD1300 level. It is now starting to feel the effects of some of…