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Selling gold bullion in Australia demands strategic planning and informed decision-making to ensure maximum returns on your investment. As experts in precious metals, we understand the importance of navigating the selling process with confidence and clarity. In this comprehensive guide, we’ll provide you with essential insights and practical tips to streamline your selling experience and optimize your profits. 1. Choosing the Right Selling Method: Selling directly to reputable gold bullion dealers is often the most efficient and hassle-free approach. These dealers offer competitive prices based on the latest spot rates, ensuring fair compensation for your gold assets. By bypassing online…
Eur/Usd Parity Horizon As early as April, the avalanche of storm clouds began to appear on the Eur/Usd parity horizon. I wrote in previous articles that the energy crisis, out-of-control inflation, and fast-rising interest rates would propel the USD against the other majors. Still, the most significant damage was to the Eur/Usd pair. Ukraine Invasion Sadly, Putin’s Ukraine invasion directly affects the entire European continent. But unfortunately, the collateral damage is also worldwide. Uncertainty is a market killer; nothing will spook markets more than fear of the unknown. Couple that with some of the highest energy prices we have ever…
Giving money to new parents won’t fix the issue
This month, Bloomberg revealed that China’s Shanghai Gold Exchange (SGE) plans to open a new bullion vault in Hong Kong – a landmark expansion that goes far beyond just opening a new physical storage vault – but that represents a strategic move to enhance China’s gold trading infrastructure and strengthen the SGE’s role in global gold price discovery. Not forgetting that the SGE is a state-owned entity, established by and operating under the direct supervision of the China’s central bank, the People’s Bank of China (PBoC), the SGE’s three primary strategic roles are to develop the domestic Chinese gold market,…
The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI.The data reaffirms BoJ rate hike bets and boosts the JPY amid geopolitical risks. Dovish Fed expectations undermine the USD and exert pressure on USD/JPY.The Japanese Yen (JPY) retreats a few pips from over a one-month high touched against a weaker US Dollar (USD) during the Asian session on Tuesday, in reaction to strong domestic inflation data. US President Donald Trump’s announcement to delay imposing tariffs on the European Union (EU) is seen as acting as a headwind for the safe-haven JPY. However, geopolitical risks and US fiscal…
Wall Street appears poised to surge when markets open Tuesday, after two days of rallies by U.S. stock futures, spurred by President Donald Trump delaying his latest threat of 50% tariffs against European Union imports until July 9, to allow more time to reach a trade deal.
Gold has historically symbolised prestige and luxury, with ownership of the asset conveying status and wealth. This lasting connotation explains why gold is a good long-term investment now and why that’s been the case for centuries. Gold still holds cultural significance today in many countries, largely India and China, where it is gifted by families at times of betrothal, marriage and birth. To this day, gold remains a go-to asset in times of uncertainty. Read on to find out why gold is a smart investment for the long term. Gold has doubled in value in the past 10 years Looking back just…
Australia is the world’s third-largest gold producer and is home to some of the most technologically sophisticated and innovative mines. The impacts of high gold prices are real and immediate: higher revenues, increased royalties, and additional employment in regional economies.In FY2023, gold was Australia’s third-largest export, behind iron ore and coal, and contributed more than AUD $27 billion to the economy. With prices going even higher in 2025, that figure is poised to break new records. Gold mining companies, from major producers to junior explorers, are enjoying increased margins and renewed investor interest.Local investor demand for gold is also building.…
Trump’s Tariffs the EU’s Fragile Unity and the Bigger Forex Picture Understanding the EU and tariffs with forecasts for the EurUsd and UsdJpy by the Savvy Trader Trump’s Tariffs and The Bigger Forex Picture President Trump’s renewed frustration with the European Union has resurfaced in the form of aggressive trade policies. The latest one is a threat to impose 50% tariffs on EU imports. To some, this move may seem like a calculated strategy. But in reality, it reflects a misunderstanding of how the EU operates and the challenges of negotiating with a fragmented bloc. The Complexity of…
The chip stock snapped a four-week streak of gains. BofA analysts say this week’s earnings report could include “messy” guidance.