My last update was a little over four months ago … there’s been a bit of movement, but mostly due to the A$/US$ exchange rate.
1. Gold per gram in A$ : ooh err, the price has gone berserk since the last update.
1a. Gold per gram in US$ : the difference to the above graph will be due to the A$/US$ exchange rate:
Ah ha, so the rise in the price we pay for gold is almost entirely due to the exchange rate (ie. weakening Australian dollar). It looks like there was a drop in the exchange rate in September and again in late November/December …
1b. exchange rate A$ / US$ over 1 yr:
2. Silver per kilogram in A$ :
2a. Silver per kilogram in US$ : so it’s been relatively stable for a few months, but the A$ price hasn’t been … the pattern is approximately the same with the spike in late Jan15, but the rise in the above graph is exaggerated by the exchange rate
Though in the scheme of things, it’s still among the lowest price in the last few years.
… previous metal price update: 3rd November 2014 …