Media & Articles

23rd November 2021 ABC Refinery is proud to announce our silver bars have received accreditation from the United States based CME Group and will be accepted for settlement of COMEX ‘SI’ silver futures contract, effective 10 November 2021.  This …

New export opportunities for Australian silver opened up by prestigious accreditation   Independent, Australian gold refinery, ABC Refinery has achieved a rare global feat – attaining London Bullion Market Association (LBMA) accreditation as a Goo…

Nick Frappell Global General Manager, ABC Bullion  14 October 2021 Dear reader, Subscribe to the ABC Refinery Monthly Technical reports - Click here. The US debt ceiling problem has been delayed by around seven weeks and Republicans joined the…

The 2021 Pallion Sustainability Report ABC Refinery and its parent Pallion is pleased to share its most recent annual sustainability report, Considerate® Precious Metals, which you can access here.  This report showcases Pallion’s ESG initiati…

Nick Frappell Global General Manager, ABC Bullion  10 August 2021 Dear reader, The dominant (market) news for August was the Jackson Hole symposium, where Fed Chair Jerome Powell gave a dovish speech, followed by some weak ADP and NFP data. Giv…

Fed leans on historical outcomes for future guidance Nick Frappell Global General Manager Key points: Reasons not to tighten, Part I Reasons not to tighten Part II…with context What if inflation really did take off? The global dis-inflatio…

The world in July continued to be defined by ‘Delta’, as the Coronavirus ‘third wave’ grew rapidly.  This has impacted Australia of course, and the other 131 countries that it has spread to bringing with it the appearance or possibility that it…

Nick Frappell Global General Manager, ABC Bullion  16 July 2021 Summary: UK’s Prudential Regulator allows for unallocated deposits to be offset by unencumbered physical stocks, easing concerns over clearing. Gold still not considered a High-…

The Impact of Basel III on the Gold Markets Nick FrappellGlobal General Manager Key points: Basel III aims to reduce systemic risk via better controls on liquidity exposure. NSFR and HQLA (explanations below) are the two mechanisms that …

Refining the gold standard   In spite of a disruptive 2020, the Australian mining sector overcame adversity and continued to operate. Very few international mining economies could replicate our success. No doubt this achievement will be a hot top…

ABC Refinery operates the largest silver refinery in the southern hemisphere, refining over 70% of Australia’s annual silver production in the heart of Sydney.   ABC Refinery Chief Commercial Officer, David Woodford, said that demand for ABC Refin…

ABC Refinery and its parent Pallion are focused on exceeding the highest international environmental, community, health, and industry standards. It is this approach that informs our position as a global leader in the vertically integrated and transp…

ABC Refinery proudly reached 24.6 per cent market share in the Australian Gold Refining Industry and is gaining momentum. Since its accreditation from the London Bullion Market Association (LBMA) in 2015, ABC Refinery has gone from strength to stren…

  ABC Refinery is proud to announce it has received accreditation from the CME Group for its premier gold product, the COMEX “GC” gold futures contract, effective 05 June 2020.  The accreditation sees ABC Refinery bars added to the COMEX good deliv…

Precious Metals Commentary (week ending 1st May 2020) JP Morgan says US money printing may ignite an inflation bomb. This week we also look at the: China calls for new super-sovereign currency to counter the US Why Scotiabank closed its bullio…

Precious Metals Commentary (week ending 24th April 2020) Gold edged higher this week to $1,726 and silver is tracking sideways around the USD $15 per ounce level, yet to make up its mind on whether to join gold or remain uncoupled as the AUD/USD tr…

Earth Day 2020 at ABC Refinery  Earth Day 2020 focuses on challenges associated with climate change, especially surrounding air and water pollution. At Pallion, we pride ourselves on instilling processes and practices to reduce our carbon footprint…

Precious Metals Commentary (week ending 17th April 2020) Gold reached a high of $1,747 this week and silver consolidated currently trading around the $15.40 level. With the Australian dollar trading within a 1.8 cent around 0.6354 the AUD metal pri…

Precious Metals Commentary (week ending 10th April 2020) Gold advanced to $1,648 this week on US dollar weakness and silver battled with the $15 level after adding around 7% from the start of the week. The USD index retreated, putting the AUD back …

Precious Metals Commentary (week ending 3rd April 2020) A bit of a mixed week for the metals, with gold initially falling but recovering back above $1600 and silver to $14.56. The Aussie dropped to 60.5 cents this week helping local prices recover …

Precious Metals Commentary (week ending 27th March 2020) A good week for the metals with gold staging a recovery above $1,600 and silver outperforming to over $14.50. For Aussie investors, we saw the $A gold price reach a new high of $2,766.95 but …

Precious Metals Commentary (week ending 20th March 2020) Another tough week for precious metals with gold falling to the $1,450 level and silver near $12 however with the Aussie dollar also getting hit Australian gold prices have held up in the $2,…

Precious Metals Commentary (week ending 13th March 2020) Stock markets have seen the most vicious sell-off since the 1987 “Black Monday” crash and the precious metals were dragged down on liquidating longs. However, with the AUD taking a beating to…

Precious Metals Commentary (week ending 6th March 2020) The metals recovered this week with equity market volatility sending gold to $1,670 and silver $17.45. The Aussie dollar’s recovery cut into local price gains but gold was still up from recent…