Platinum - AU$ 1268.5
Gold - AU$ 2219.75
Palladium - AU$ 2190
Silver - AU$ 25.1
Your Cart is currently empty.


Gold is not a trading-item; gold represents a very specific asset class and an historic store of wealth.  The essential value of gold does not change over the years, the value of everything else fluctuates AROUND GOLD. Gold is the basic unit of wealth as it has been for 5000 years.

Whether governments and central bankers like it or not, gold and silver are re-establishing their 5000 year role as mainstream financial assets.  So many factors including geopolitical tensions, economic turmoil, uncontrolled government spending, excessive debt, fragility of the financial system, population growth, resource scarcity or simply declining mine supply have created the perfect storm for gold and silver to again become the centre of the monetary universe.

Despite nine consecutive years of rising prices gold still represents less than 0.2% of the world's wealth, down from 5% in 1971 and over 30% in 1932.  Given the inelasticity of supply, even a small shift in global asset allocation could result in dramatic upward movements in price.  Recent announcements that the Chinese, Russians, Indians, Saudis and other "smart money" creditor nations are extremely significant and revalidates gold as the ultimate money, that is, a medium of exchange, universally accepted AND a store or value.  How many paper currencies can claim the latter?


This information is provided for general information purposes only. Please seek independent professional advice.  Content views and opinions may be sourced from a third party.  BULLIONMARK does not guarantee the accuracy of this information. BULLIONMARK accepts no liability for any loss incurred as a result of this information.  For more please read our terms and conditions or contact us.


Terms and Conditions  |   Contact