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 week, we look at:

  • Why gold is the perfect piggy bank
  • Home lending flip-flop and the inevitability of QE in Australia
  • What do LBMA conference attendees know that Westpac doesn’t?

CFDs on Gold Price Chart

 Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.