Gold closed the week at US$5,042 an ounce, and this time the move came with a different tone. Cooler than expected CPI data strengthened expectations of rate cuts, helping gold stabilize after recent volatility. More importantly, the metal has now formed higher lows through the week and appears to be settling around the US$5,000 level. The key question now is simple. Is this just a pause, or is gold building a true base here? Brian walks through what this price behaviour could mean and whether this level can realistically hold in the near term.
Silver followed the broader strength, closing at US$77.45 an ounce. While the move itself looks straightforward on the surface, its relationship with gold's stability raises further questions about momentum and positioning across precious metals. Brian explains how to interpret silver's movement within the broader market context.
Back home, the ASX All-Ordinaries Gold Index climbed roughly 1,300 points this week. The rebound has put gold equities back into focus after recent uncertainty. Are producers beginning to look more reasonably valued, or has the market simply followed the commodity higher? Brian provides an initial view before going much deeper into the numbers inside the members section.
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