Media & Articles

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.…

China Buys Gold as Trade Wars Escalate

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…

Risk On/Off, Gold Off/On

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…

Gold Hits 2019 Bottom - What’s Up?

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…

Is the Lucky Country out of Luck?

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…

Fairy Tale Budget

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 …

ABC Refinery Accredited by the Shanghai Gold Exchange

10 April 2018 New export opportunities for Australian Gold opened up by prestigious accreditation for Australian gold refiner Independent, Australian gold refinery, ABC Refinery has achieved a rare global feat in China – attaining accreditation …

ABC Refinery Now Using Acidless Separation

ABC Refinery now uses acidless separation (ALS) for gold refining. ALS is the most technologically advanced, environmentally-sound, non-toxic separation process for gold that exists today. In the words of Managing Director, Phil Co…

March 2016 Commentary

March 2016 Commentary Gold After the tearaway performance for the start of the year, gold has started to show signs of topping out in the high 1200’s, failing to breach the hoped for USD1300 level. It is now starting to feel the effects of some of…

February 2016 Commentary

February 2016 Commentary Gold Gold has continued on its tear this month with seemingly no end to the reasons to buy gold after the panic to sell it into the end of last year. USD gold is up around 17% this year and is one of the best performing as…

January 2016 Commentary

January 2016 Commentary Gold  After falling over the line with a decidedly soggy sail for the end of the calendar year, gold started the new year with a bang (literally). North Korea’s decision to undertake some nuclear testing at the same time as…

December 2015 Commentary

December 2015 Commentary Gold  What a difference 6 weeks can make in the gold market! After threatening to break up through the USD1200/oz level at the end of October, by the first week of December it was looking like a break down through USD1050 …

November 2015 Commentary

November 2015 Commentary Gold  The extravagant move by US gold over the month of October, in hindsight, looks to have been exactly that. The rally above USD1190 had been mainly spurred by a string of weak data out of the US which showed the econom…

October 2015 Commentary

Precious Metals – The Year in Review. It has generally not been a good year to be long of precious metals. Palladium has been the only one that has shown signs of resilience, as the rhetoric about the improving US economy and the strength of the US…

Mine to Market Update - March 2016

  One of the questions we often get asked at ABC Bullion is whether or not gold is ‘cheap’ or ‘expensive’. As gold does not produce cash-flows, this is not a straightforward question, as there is no traditional valuation model that one can use when…

Mine to Market Update - February 2016

  Gold prices have had a solid start to 2016, with the price of the yellow metal pushing up toward USD $1100oz. A fall in the Australian dollar, which is already trading below USD $0.70, has seen the price of gold for local investors head back abov…

Mine to Market Update - January 2016

Gold   After falling over the line with a decidedly soggy sail for the end of the calendar year, gold started the new year with a bang (literally). North Korea’s decision to undertake some nuclear testing at the same time as stock markets around t…

ABC Bullion bars now LBMA accrediated

  ABC Refinery, the refinery division of Pallion, which is the exclusive producer of the ABC Bullion products, has today been appointed to The London Bullion Market Association’s (LBMA) Good Delivery list for gold. Click Here to read the full story

Pallion gains new gold bullion accreditation

  Australian gold miner Pallion’s refinery division ABC Refinery will attract greater market confidence with its recent appointment to the London Bullion Market Association’s (LBMA) Good Delivery list for gold. Click Here to read the full story

ABC Refinery: Australia gains 2nd Bullion Listing

  Sydney, Dec 6: Australian gold producers have a second avenue to international banking markets with the appointment of Sydney-based ABC Refinery to the Good Delivery list of the London Bullion Marketing Association. It joins the Perth Mint, which…

ABC Refinery appointed to LBMA Good Delivery list for gold

4 December 2015: ABC Refinery, the refinery division of Pallion, has today been appointed to The London Bullion Market Association’s (LBMA) Good Delivery list for gold. ABC Refinery’s appointment to this exclusive list is a testament to its abili…