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 $17.50. The Aussie lost ground to the low 67c range with the RBA rate cut on Tuesday, leaving A$ gold at $2,234, and silver $26.16.

This week, we look at:

  • Where Australia’s gold goes
  • Popping of the tech bubble

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