Media & Articles

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…

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…

August 2019 Commentary Gold’s rally is still underway as markets fear recession and bond markets price in more aggressive easing. Trade and geo-political tensions are feeding into the price rise. Price targets suggest US$1,590 and US$1,635 in the m…

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…

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…

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…

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…

July 2019 Commentary Gold’s rally looks likely to continue as expansionary monetary policies and trade uncertainty continue to fuel the price.  July’s report updates investor positioning and provides detail on price targets, supports and resistance…

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…

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…

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 …

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,…

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 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…

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…

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…

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…

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…

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.…

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…

29 April 2019 ABC Refinery is now the proud operator of the world's first fully automated tunnel barring machine. The new equipment will be transforming raw material to ingots in a shorter period of time than traditional methods, increasing the a…

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…

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…

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…

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 …