Media & Articles

Housing Debt Double Century

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…

Gold Bounces Back from Oversold Levels

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…

What Backs a Dollar?

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 …

Record Diwali Gold Demand

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…

Gold is Under-Owned

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 - LBMA Conference and Accreditation:

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 Utilises Acidless Separation Technology

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 …

Gold - An Anchor of Trust

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 …

Focus on Silver Fundamentals

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…

Rates and IPOs - Approaching Zero

Precious Metals Commentary (week ending 4th October 2019) Precious metals threatened a sustained pullback this week, but equity market volatility and poor US PMIs helped gold rebound back up through $1,500 and silver above $17.50. The Aussie lost g…

Gold Holds Purchasing Power - In Beer

Precious Metals Commentary (week ending 27th of September 2019) The metals held ground during a Brexit, impeachment and trade war headline driven week. Silver lead gold initially and reached $18.74, but both metals gave up their gains later in the …

Helicopter Money Gaining Altitude

Precious Metals Commentary (week ending 20th of September 2019) Gold and silver opened strongly following the Saudi Arabia attack but took a hit after the Fed lowered US interest rates to result in another week of rangebound trading. This week, we…

Endgame: Monetary Debasement

Precious Metals Commentary (week ending 13th of September 2019) This week saw the metals falling on choppy trading, with gold consolidating between $1,480 and $1,550. The Aussie dollar strengthened slightly so $A gold got under $2,200 and silver th…

Government’s Financial Repression Toolkit

Precious Metals Commentary (week ending 6th of September 2019) This week, gold tried to crack the $1,550 level but profit taking overnight on the back of easing trade tension saw the yellow metal dropping to $1,513 and silver to $18.50. A strong Au…

Fear and Uncertainty Drive Gold

Precious Metals Commentary (week ending 30th August 2019) This week, we look at: Whether the metals are driven by speculators or fundamentals Proposed radical changes to the international monetary and financial system Australian property as an…

​‘Zero Has No meaning’

Precious Metals Commentary (week ending 23rd August 2019) Precious metals consolidated this week with gold drifting below $1,500 and silver pulling back to $17. With the AUD/USD hovering around 0.675 gold in AUD traded lower to $2,218 and silver at…

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…