Metal price update

4 06 2012

My last update was just over 3 months ago. There’s a bit of economic and political instability … so what’s the effect on metal prices?

As at 4th June 2012:

1. Gold price in US$ for last 12 months

4th June 2012; click on image for original source

2. Gold price in A$ for last 12 months

4th June 2012; click on image for original source

It’s interesting that this isn’t as volatile recently as the US$ prices, and that’s of course due to the action of the A$/US$ exchange rate. The most recent spike in US$ is likely due to the economic panic around European countries, and the A$ reflects not only this but also a dip in the exchange rate.

3. Silver price in US$ for last 12 months

4th June 2012; click on image for original source

While this is in US$ (I cannot seem to find a graph for A$), the gold graphs above it would suggest to me that the silver price in A$ would be relatively stable too in recent months. Is this what you have noticed when you buy your silver supplies?


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25 08 2012
Metal price update « Melbourne Jeweller

[…] My last update was just under 3 months ago. I was curious about what’s happened to the prices since then… […]




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