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Proactive Investors Commodity Watch

Proactive Investors Australia delivers insights on global commodity markets, along with the impact on local market sectors.


Spot gold trades near A$1700 an ounce

Wednesday, February 17, 2016 by Proactive Investors

Aussie Dollar gold currently trades near A$1700 an ounce

Aussie Dollar gold currently trades near A$1700 an ounce

Electronic trading in gold has received a boost in afternoon trade, recovering some of the 2.4% lost overnight.

Spot gold last traded 0.7% higher at US$1209 an ounce, at 3pm Sydney, Australia, time.

With an exchange rate of AUD / USD 0.71, this prices the yellow metal close to A$1700 an ounce.


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