Presentation from ABC Bullion Seminar
22 February 2018
Gold prices have corrected slightly this week, with the price of the yellow metal falling 1.5% to the USD $1330oz level. Silver has been affected too, with a similar fall bringing prices back toward USD $16.50oz.
A slight rally in the USD is partly to blame for the decline, though there is no shortage of supportive factors for gold, with asset managers including Blackrock increasing their exposure, whilst ETF holdings for both gold and silver have risen, suggesting this minor pullback has been treated as a buying opportunity.
In this week's market update – we’ve linked you through to a copy of the presentation we gave to ABC Bullion clients this week, on Wednesday 21st February.
The presentation looks at a number of key factors, including:
The key reasons to invest in precious metals
Why now is a time for caution in financial markets
A look at the Australian housing market – and implications for the AUD and interest rates
Why gold and silver could break higher in 2018
A review of Bitcoin, and why we remain sceptical of the bullish forecasts
Click the image below to view the full presentation.
