Media & Articles

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…

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…

THE BEACON OF RESILIENCE. THE LEXUS 2020 MELBOURNE CUP

  The Lexus Melbourne Cup is the most legendary and beloved trophy in Australian Sport. This year marks the 160th Melbourne Cup. For another consecutive year, we are keeping the tradition alive and bringing the community together on Novembe…

​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.…