ABC Bullion Monthly Market Update
07 March 2025
In This Week's Market Update:
Precious metal markets continued to trade strongly this week, with gold climbing back above USD $2,900 per troy ounce (oz), while silver is approaching USD $33oz.
In Australian dollar terms, gold is currently trading above AUD $4,600oz, while silver is sitting near AUD $52oz, with robust levels of turnover and demand from new clients seen at ABC Bullion this week.
The moves in precious metal markets are occurring against a backdrop of heightened volatility in financial markets, with bond yields in Europe spiking, while stocks and cryptocurrencies are falling, with the S&P 500 -2.35% in the past five days (and now negative YTD), while Bitcoin is back below USD $90,000 per coin.
The latest developments in precious metals as well as broader financial markets make it the opportune time for ABC Bullion to be releasing its latest monthly market update, which features our latest analysis on a range of factors, including;
Precious metal performance trends
Where gold sits vs the equity market on a short and long-term basis
Gold’s changing relationship with the bond market and real yields
Investor positioning
For precious metal enthusiasts, we also have the latest Pod of Gold, featuring my colleague Nicholas Frappell, Global Head of Institutional Markets at ABC Refinery.