Media & Articles

3 March 2020 Evolution Mining and ABC Refinery Partner with the University of Queensland for Breakthrough Cancer Research In a revolutionary partnership, Evolution Mining and ABC Refinery have donated their resources to the Centre for Personali…

Precious Metals Commentary (week ending 28th February 2020) The US stock market finally woke up to coronavirus risk with the S&P 500 crashing 11.60% in less than a week, and gold jumping to highs of $1,687. Silver fell back this week to $17.80 …

Precious Metals Commentary (week ending 21st February 2020) Gold broke above the crucial $1,586 level this week, trading above $1,620; silver moved above $18 into a resistance zone between $18.40 and $18.50. The Australian dollar busting down past …

Precious Metals Commentary (week ending 14th February 2020) US gold rallied to $1,577 and silver fell back to $17.66 this week. The AUD/USD was on struggle street last week, hitting an 11 year low and pushing AUD gold higher to $2,346. This week, …

  ABC Refinery announced the significant expansion of its Treasury & Precious Metals Trading capability with the recruitment of Joe Metcalfe as Treasurer (formerly Perth Mint Deputy CEO), Nishan Kodituwakku as Deputy Treasurer (former Perth Min…

Precious Metals Commentary (week ending 7th February 2020) The metals eased as markets accepted the official coronavirus numbers, with gold lower to $1,565 and silver to $17.80. A RBA rates hold pushed the AUD higher to 0.673 and the local gold pri…

At a time of low-interest rates, the global stash of gold in exchange-traded funds (ETFs) hit the highest level in seven years as the impact of the coronavirus on markets and sentiment reinforced demand for havens The latest influx into bullion-bac…

Precious Metals Commentary (week ending 31st January 2020) Gold continued higher on coronavirus concerns to $1,577 with silver reaching $17.90 while also sending the AUD/USD lower to 0.671c - resulting in an all-time high AUD gold price of $2,362 (…

Precious Metals Commentary (week ending 24th January 2020) A slow and steady week for the metals with gold tracking sideways to USD$1,560, silver falling back to $17.80 and platinum pulling back to $1,000. Australian prices also steady at $2,280 an…

Precious Metals Commentary (week ending 17th January 2020) After an earlier sell-off, gold recovered back above $1,550 with silver trading just under $18. An Aussie dollar close to 0.69c gives gold and silver some stability around $2,250 and $26 re…

Precious Metals Commentary (week ending 10th January 2020) Over the holidays, the metals broke out and Iran/US tensions put a rocket under that. Gold is holding above the crucial $1,550 level with silver getting dragged along to just under $18. Aus…

20 December 2019 With the end of 2019 quickly approaching in this last update for the year we look back at 2019 for the events that caught our eye across the precious metals, financial markets and geopolitics. Read the full report by ABC Bullion's…

Precious Metals Commentary (week ending 13th December 2019) A volatile week saw gold trade to a $1,486 high before a smack down to stabilise at $1,470 with silver at $16.95. Australian prices ended up much lower at $2,129 and $24.60 thanks to a spi…

Precious Metals Commentary (week ending 6th December 2019) Another range bound week. Despite US gold trading higher to $1,475 and silver flat at under $17, a rise in the AUD on a RBA rate hold saw local prices finishing much the same at $2,163 and …

Precious Metals Commentary (week ending 29th November 2019) Another quiet week with gold holding firmly above the key $1,446 level at $1,458 and silver trading just above $17. The Aussie continues its long-term downward trend, supporting AUD gold a…

The following article was published by Cameron Alexander, You can view the full article here Australia as the second-largest gold producing market globally has two LBMA accredited precious metals refiners. The Perth Mint in Western Australia and AB…

Precious Metals Commentary (week ending 22nd November 2019) A relatively quiet week for precious metals with gold trading lower to $1,466 and silver at $17.10 and local prices largely unchanged at $2,160 and $25. This week we discuss: Australia…

Precious Metals Commentary (week ending 15th November 2019) Volatility in precious metals prices saw gold dropping as low as $1,446 before rallying to $1,470 at time of writing, with silver recovering to $17. A bad jobs number saw the AUD slammed b…

Precious Metals Commentary (week ending 8th November 2019) A significant pullback in precious metals prices on the back of thawing US-China trade tensions, with gold dropping 2.9% and silver 5.5%. Combined with an Australian Dollar above 0.689, it …

Precious Metals Commentary (week ending 1st November 2019) Gold bulls had a win in the ongoing battle for the USD$1,500 level with a break north to $1,512 and silver following just above $18. Local prices were somewhat unchanged with the AUD/USD ju…

Precious Metals Commentary (week ending 25th October 2019) Gold popped back above $1,500 overnight, butting up against the pennant formation we noted last week. Silver followed and climbed to $17.80 and with the Aussie weakening, which sees $A gold…

ABC Refinery has been recognised on the global stage at the 2019 LBMA Conference: ABC Refinery is Australia’s only independent London Bullion Market Association (LBMA) accredited gold refiner. LBMA membership, of which ABC Refinery is a full memb…

ABC Refinery Revolutionises the Refining Process with Acidless Separation As part of the Pallion Group, ABC Refinery’s continued effort to maintain industry leadership in environmental sustainability has led to the implementation of a systematic …

Precious Metals Commentary (week ending 18th October 2019) Precious metals prices in US dollars traded in a tight range this week but the strength in the AUD/USD saw local gold prices pullback to $2,180 - $2,190 and silver dipping to $25.70. This …

Precious Metals Commentary (week ending 11th October 2019) The battle for gold to hold above $1,500 continued this week with bulls under pressure as gold consolidates at $1,493 and silver at $17.50. A small recovery in the AUD above 67 cents sees A…