Worrying Trend for Aussie Retail

Precious Metals Commentary (week ending 31st January 2020)

Gold continued higher on coronavirus concerns to $1,577 with silver reaching $17.90 while also sending the AUD/USD lower to 0.671c - resulting in an all-time high AUD gold price of $2,362 (silver $27.08).

This week, we look at:

  • A worrying trend down in Aussie retail sales
  • What will be the economic impact of the coronavirus?

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

Australia 'Better' or 'Worse' Chart