Precious metal prices rallied in October as inflation fears rose to the top of the risk factors investors are watching. Silver was the standout, rising by more than 10% for the month, while gold was up more modestly at 1.5%, though was unable to stay above USD 1,800 per troy ounce. Summary of market moves • Gold prices rose by 1.5% in US dollar terms during October, though silver stole the show with a more than 10% rally to end the month back above USD 24 per troy ounce. • An almost 5% rally in the Australian dollar, which ended October back above USD 0.75, saw the local dollar gold price end ..read more

Summary • The Perth Mint sold 59,750 troy ounces of gold and 1,352,275 troy ounces of silver in minted product form during October. • The Perth Mint Depository holdings of gold fell by 1% during October, while holdings of silver were flat. • The Perth Mint’s ASX listed ETF, ASX:PMGOLD, saw holdings rise by more than 2,500 troy ounces (1.15%) for the month. Precious metal prices rallied during October, led by silver, which was up by more than 10% in US dollar terms. Gold prices also rose, finishing the month up 1.50%, though the precious metal was unable to hold above the critical  USD 1 ..read more

Summary • The Perth Mint sold 98,753 troy ounces of gold and 1,789,926 troy ounces of silver in minted product form during September. • The Perth Mint’s ASX listed ETF, ASX:PMGOLD, saw holdings rise by just under 2,000 troy ounces for the month. • The Perth Mint Depository holdings of gold rose by 2% during September, whilst holdings of silver were flat. Manager, Listed Products and Investment Research, Jordan Eliseo said: “Precious metal prices fell sharply during September, with gold and silver falling by 4% and 10.5% respectively in USD terms. A stronger US dollar, a rise in ..read more

Precious metal prices suffered one of their largest monthly falls on record, with gold (-4.0%), silver (-10.5%), and platinum (-3.8%) falling sharply in US dollar terms. Rising real yields, a strong US dollar, expectations of a taper from the US Federal Reserve, and fallout from the Evergrande crisis in China, all contributed to the move, with gold now down close to 15% since the peak in August last year. Summary of market moves • Gold prices fell sharply during September, with the precious metal at one point falling toward USD 1,700 per troy ounce and ending the month down 4% in US doll ..read more

When people think of gold, they often assume it’s a “Boomer” investment, popular only with people who are 50+ years of age, and either approaching  retirement, or already enjoying their golden years. While there is some truth to this, with SMSF trustees for example leading the charge into gold investments in the past few years, there has also been a notable uptick in gold demand from millennial Australians, with demand coming from males and females alike. Several factors have contributed to this rise, including: • Record low cash rates which are encouraging investors and savers to move m ..read more

There is no shortage of investment information and tips for investors looking to grow their portfolio. The challenge is how to turn them into actionable insights that work for the individual, something that is made even harder by the fact that while many of these tips make sense as standalone concepts, they can conflict with each other. Consider the fact that many investment advisers talk of the need to have a diversified portfolio, which is another way of saying don’t put all your eggs in one basket. Those who embrace diversification fully expect that at any point in time they’ll have some e ..read more

Summary • The Perth Mint sold 53,976 troy ounces of gold and 1,467,229 troy ounces of silver in minted product form during August. • The Perth Mint’s ASX listed ETF, ASX:PMGOLD, saw holdings decline modestly, falling by 1% for the month. • The Perth Mint Depository’s holdings of gold and silver were flat during August, with their value sitting just above AUD 6 billion. Manager, Listed Products and Investment Research, Jordan Eliseo said: “Precious metal prices were volatile during August, with gold and silver falling by 8% and 9% respectively in US dollar terms early in the month. Both metals ..read more

Gold prices displayed heightened volatility during August, with a large sell off seen early in the month before the precious metal staged a recovery to close back above USD 1,800 per troy ounce. Silver was also impacted, at one point falling by almost 10% intra-month, though it too finished on a stronger footing. Despite the volatility, a range of factors look set to support precious metal markets going forward.  Summary of market moves: • Precious metal prices were particularly volatile during August, with gold ending the month falling by almost 1%, while silver fell by almost 6 ..read more

As the authorised manufacturer of the Australian Bullion Coin Program, The Perth Mint is delighted to unveil the 2022 designs and availability dates. Upholding the very highest standards of minting, the latest annual releases are crafted with meticulous attention to detail from 99.99% pure gold, 99.99% pure silver, and 99.95% pure platinum in the trusted form of official Australian legal tender. Australian Lunar Series III Year of the Tiger Gold, Silver & Platinum Bullion Coins First issued in 1996, the Australian Lunar Coin Series is a longstanding favourite among investors worldwide ..read more

“I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States.” – US President Richard Nixon – 15 August 1971 Executive Summary • It is 50 years since the United States severed the link between the US dollar and gold • Gold has performed strongly as an investment asset over this entire time period, and has outperformed stocks, bonds and cash since the turn of the century  • While gold has ..read more