Gold, Silver & Platinum Charts & Prices
Gold, Silver & Platinum Live Prices
View Gold Prices | View Silver Prices | View Platinum Prices
Disclaimer: The information contained in the charts and price lists are based on data obtained from various sources believed to be reliable by Gold Bullion Australia. However, factors beyond our control may cause variances or delays which affect the spot price or charts.
GBA Group uses TradingView to display data on charts, providing advanced tools to enhance your market research. TradingView’s charts allow you to effortlessly track gold price, alongside other precious metals and commodities. These interactive charts come with handy tools and a simple interface, making it easier to analyze data and make informed decisions.
Gold Price
There are many factors that affect the price of Gold. The most important factors include the overall global demand for Gold, interest rates on financial products and services, the value of the United States Dollar (measured via the U.S. index which highlights the value of the U.S. dollar relative to a basket of foreign currencies), the amount of Gold procured by or held within Central Bank reserves, as well as worldwide appetite for holding Gold as a hedge against both rising inflation and currency devaluation.
All of the above factors combine to drive the price of Gold. Ultimately, as the flow of cash into the Gold market increases, the supply of Gold decreases, causing the price of Gold to rise.
Silver Price
The price of Silver, like many other commodities, tends to be driven by a combination of supply and demand metrics as well as speculation. Whilst the price of Silver is well known for being more volatile than Gold due to its smaller market size, lower market liquidity as well as ever-changing supply and demand from the industrial sector and its properties as a store of value over long periods of time.
Silver is well regarded as a safe-haven asset for investors during times of economic upheaval, uncertainty and financial stress. The market conditions applicable to Silver, are much like that for Gold, and tend to be driven by monetary policy, the value of the US dollar, geopolitical concerns, physical demand as well as the available supply from mining production.
Platinum Price
Product | Selling Price (AUD) | Buy Back Price (AUD) | ||
---|---|---|---|---|
Platinum Bullion Australia | ||||
Pool Allocated | ||||
Pool Allocated Gram Platinum | $49.68 | $46.91 | ||
Platinum Minted Bar | ||||
ABC 1oz Platinum Minted Bar | $1,616.24 | $1,399.53 | ||
ABC 50g Platinum Minted Bar | $2,587.22 | $2,297.65 | ||
ABC 100g Platinum Minted Bar – 1 week delay | $5,074.43 | $4,499.56 | ||
ABC 500g Platinum Minted Bar | $24,972.16 | $22,497.83 | ||
ABC 1kg Platinum Minted Bar | $49,804.88 | $44,992.44 |
As a commodity that is the least reactive, rarest and densest metal on Earth, Platinum’s value is determined by a complex interaction of supply and demand fundamentals. With South Africa responsible for approximately 72% of the world’s newly minted Platinum (the rest originating from Zimbabwe and Russia), an understanding of the supply chains on the ground in South Africa are critically important. There exists ongoing political risk and production is often cut as a result of labor and Union disputes, the impact of rolling blackouts as well as unstable power and water supply and even foreign currency fluctuations.
Platinum is predominantly used in combustion engine catalytic converters in car manufacturing and understanding the growth of demand for Platinum from the automobile industry is important. Similarly, Platinum’s use in jewellery has grown rapidly in the last 25 years, before which it was almost nonexistent. Platinum is used more and more for a wide range of industrial applications, including fuel cell electric vehicles which now demand over twice the amount of Platinum than internal combustion engines. Investment demand represents a fast-growing sector for Platinum with its use in coinage and investment bars and The American Eagle Platinum Coin was only introduced as recently as 1997.