Gold
3344.6 USD/oz -49.99 (-1.47%) (Last updated - July 18, 2025 12:52 AM UTC )1811.5
1780.3
1791.95
1677.9 - 2078.8
26.64%
About
Performance USD/oz | Change |
5 Day | 0.77% |
1 Month | 10.19% |
3 Months | 15.61% |
6 Months | 23.61% |
52 Week | 35.96% |
July 18, 2025 12:52 AM UTC
Data Powered by Stockdio. Data delayed by 5 minutes unless otherwise indicated.Gold is a precious and malleable metal which has continued to lure humankind since time immemorial. Thanks to its eye-pleasing glitter and non-corrosive nature, the yellow metal has been widely used for making jewellery.
Apart from this, gold has been used universally in exchange for goods and services. For many centuries the yellow metal was widely used as a currency in the form of coins. Through most of 20th century, gold was also used as the world reserve currency backing the paper currency system. Nearly 45% of the world's total gold is held by central and government banks.
Apart from this, gold is also used in many modern electronic devices like mobile phones, GPS systems, computers, televisions, and calculators because of its high conductivity. The precious metal also finds application in the manufacturing of glasses, dentistry, and medical treatments. Adding to that, it is widely used as a safe-haven investment – as a hedge against inflation.
Gold has been one of the oldest forms of investments known to man. Since it is not a consumable product, and does not corrode, majority of gold that is mined from the earth is still available on the planet.
The amount of gold mined every year is relatively low as compared to the growth in demand. This is the basic reason behind the constant rise in gold prices. On the supply front, around 75% of the world’s total gold demand is fulfilled by mine production every year while the remaining 30% is met from recycling of jewellery and technology extraction.
The price of gold is guided by the combination of several factors like supply, demand, and investors' behavior. Like every other commodity, the demand and supply dynamics of gold play a vital role in determining its price.
However, here are the few major factors that drive the yellow metal’s price:
- Inflation expectations
- Demand arising due to purchase of gold by governments and their respective central banks.
- During economic downturns, the price of gold shoots up on the back of rising demand from investors who perceive it as a safe investment.
- The jewellery demand is also a major contributing factor that influences gold prices. India, China, and the US are the primary consumers of gold in the form of jewellery.
- The advent of gold ETFs (Exchange Traded Funds) has also contributed to gold demand.
Code | Company | Price | Chg | %Chg | High | Low | Volume | Market Cap | |
---|---|---|---|---|---|---|---|---|---|
Basic Materials | A1M | AIC Mines Limited | 0.320 | 0 | 0.00 | 0.322 | 0.315 | 562,934 | 226.322 M |
Basic Materials | A8G | Australasian Metals Limited | 0.067 | 0 | 0.00 | 0.067 | 0.067 | 11,012 | 3.879 M |
Basic Materials |
|
Astral Resources NL | 0.155 | 0.005 | 3.125 | 0.165 | 0.155 | 1,835,138 | 226.883 M |
Basic Materials | AAU | Antilles Gold Ltd | 0.005 | 0 | 0.00 | 0.005 | 0.005 | 2,454,907 | 11.895 M |
Basic Materials | ADN | Andromeda Metals Ltd | 0.011 | 0 | 0.00 | 0.012 | 0.011 | 6,510,590 | 41.969 M |
Energy | AEE | Aura Energy Ltd | 0.155 | 0 | 0.00 | 0.165 | 0.155 | 449,426 | 141.476 M |
Basic Materials |
|
Australian Gold and Copper Ltd | 0.160 | 0.005 | 3.226 | 0.160 | 0.150 | 29,644 | 39.773 M |
Basic Materials |
|
Aeris Resources Ltd | 0.190 | 0.015 | 8.571 | 0.190 | 0.180 | 668,409 | 174.293 M |
Basic Materials | ALK | Alkane Resources Ltd | 0.650 | 0 | 0.00 | 0.660 | 0.645 | 1,767,135 | 393.602 M |
Basic Materials | AOA | Ausmon Resources Ltd | 0.002 | 0 | 0.00 | 0.002 | 0.002 | 7,522,535 | 2.853 M |
Basic Materials |
|
Australian Potash Ltd | 0.009 | 0.001 | 12.5 | 0.010 | 0.008 | 4,569,509 | 2.344 M |
Basic Materials | ARD | Argent Minerals Ltd | 0.022 | 0 | 0.00 | 0.023 | 0.022 | 4,089,189 | 31.815 M |
Basic Materials |
|
Ardea Resources Ltd | 0.420 | 0.01 | 2.326 | 0.420 | 0.400 | 17,172 | 90.478 M |
Basic Materials |
|
Aldoro Resources Ltd | 0.365 | 0.01 | 2.667 | 0.390 | 0.360 | 732,350 | 66.016 M |
Basic Materials |
|
Askari Metals Ltd | 0.012 | 0.004 | 50 | 0.015 | 0.009 | 43,553,469 | 3.233 M |
Basic Materials | AUC | Ausgold Ltd | 0.575 | 0 | 0.00 | 0.580 | 0.570 | 764,381 | 208.041 M |
Basic Materials |
|
Aurumin Ltd | 0.099 | 0.001 | 1.02 | 0.105 | 0.096 | 1,210,622 | 49.130 M |
Basic Materials |
|
Accelerate Resources Ltd | 0.008 | 0.001 | 5.882 | 0.008 | 0.008 | 72,803 | 6.946 M |
Basic Materials |
|
Arizona Lithium Ltd | 0.007 | 0.001 | 16.667 | 0.007 | 0.006 | 1,694,419 | 31.622 M |
Basic Materials |
|
Black Cat Syndicate Ltd | 0.820 | 0.01 | 1.235 | 0.840 | 0.800 | 2,395,866 | 583.726 M |
Basic Materials |
|
Beacon Minerals Ltd | 1.205 | 0.055 | 4.783 | 1.210 | 1.155 | 48,749 | 2.853 M |
Basic Materials |
|
Burgundy Diamond Mines Ltd | 0.034 | 0.005 | 12.821 | 0.034 | 0.025 | 4,680,362 | 42.649 M |
Basic Materials | BEZ | Besra Gold Inc | 0.050 | 0 | 0.00 | 0.050 | 0.048 | 56,532 | 41.810 M |
Basic Materials | BGD | Barton Gold Holdings Ltd | 0.700 | 0 | 0.00 | 0.725 | 0.670 | 469,707 | 170.887 M |
Basic Materials |
|
Bellevue Gold Ltd | 0.920 | 0.005 | 0.546 | 0.930 | 0.910 | 9,861,881 | 1,350.842 M |
Basic Materials |
|
BHP Group Limited | 40.290 | 1.18 | 3.017 | 40.400 | 39.670 | 14,233,459 | 198,472.696 M |
Basic Materials | BMO | Bastion Minerals Ltd | 0.002 | 0 | 0.00 | 0.002 | 0.002 | -- | 1.581 M |
Basic Materials |
|
Bulletin Resources Ltd | 0.056 | 0.005 | 8.197 | 0.061 | 0.056 | 73,827 | 16.442 M |
Basic Materials |
|
Benz Mining Corp | 0.580 | 0.02 | 3.571 | 0.600 | 0.570 | 344,486 | 141.545 M |
Basic Materials |
|
Belararox Ltd | 0.080 | 0.019 | 31.148 | 0.080 | 0.063 | 674,443 | 9.882 M |
Basic Materials |
|
Blackstone Minerals Ltd | 0.075 | 0.004 | 5.634 | 0.075 | 0.072 | 4,193,248 | 121.205 M |
Basic Materials |
|
Canyon Resources Ltd | 0.255 | 0.005 | 1.923 | 0.260 | 0.250 | 258,240 | 464.043 M |
Basic Materials |
|
Castle Minerals Ltd | 0.080 | 0.001 | 1.266 | 0.081 | 0.076 | 170,190 | 9.281 M |
Basic Materials |
|
Chalice Mining Limited | 1.840 | 0.05 | 2.793 | 1.870 | 1.770 | 4,553,981 | 696.358 M |
Basic Materials | CLA | Celsius Resources Ltd | 0.007 | 0 | 0.00 | 0.007 | 0.007 | 28,004 | 21.948 M |
Basic Materials | CLZ | Classic Minerals Ltd | 0.001 | 0 | 0.00 | 0.001 | 0.001 | -- | 3.018 M |
Basic Materials |
|
Capricorn Metals Ltd | 9.400 | 0.01 | 0.107 | 9.540 | 9.355 | 1,098,476 | 4,103.889 M |
Basic Materials | COY | Coppermoly Ltd | 0.011 | 0 | 0.00 | 0.011 | 0.011 | 23,946 | 9.709 M |
Basic Materials |
|
Castile Resources Ltd | 0.057 | 0.001 | 1.786 | 0.057 | 0.056 | 1,299,644 | 17.122 M |
Basic Materials | CWX | Carawine Resources Limited | 0.095 | 0 | 0.00 | 0.095 | 0.095 | 2,325 | 22.432 M |
Basic Materials |
|
Cygnus Metals Limited | 0.087 | 0.003 | 3.333 | 0.090 | 0.084 | 1,591,309 | 92.504 M |
Basic Materials |
|
Catalyst Metals Ltd | 4.900 | 0.19 | 4.034 | 4.930 | 4.710 | 1,764,633 | 1,204.782 M |
Basic Materials | CZN | Corazon Mining Ltd | 0.002 | 0 | 0.00 | 0.002 | 0.002 | -- | 2.369 M |
Basic Materials | DAF | Discovery Africa Ltd | 0.012 | 0 | 0.00 | 0.012 | 0.012 | 42,001 | 2.811 M |
Basic Materials | DEG | De Grey Mining Ltd | -- | -- | 0.00 | -- | -- | -- | 5,915.070 M |
Basic Materials | DGR | DGR Global Ltd | 0.006 | 0 | 0.00 | 0.006 | 0.006 | 1,370,624 | 6.262 M |
Basic Materials | DTR | Dateline Resources Ltd | 0.125 | 0 | 0.00 | 0.135 | 0.125 | 13,270,249 | 409.708 M |
Basic Materials |
|
Emerald Resources NL | 3.750 | 0.09 | 2.459 | 3.820 | 3.700 | 2,190,907 | 2,411.446 M |
Basic Materials | ENT | Enterprise Metals Ltd | 0.003 | 0 | 0.00 | 0.003 | 0.003 | 139,716 | 4.114 M |
Basic Materials |
|
EQ Resources Ltd | 0.038 | 0.001 | 2.703 | 0.038 | 0.036 | 4,080,802 | 105.153 M |
Basic Materials |
|
Emmerson Resources Ltd | 0.135 | 0.005 | 3.846 | 0.135 | 0.130 | 295,111 | 82.631 M |
Basic Materials |
|
Estrella Resources Ltd | 0.044 | 0.002 | 4.762 | 0.044 | 0.042 | 1,675,095 | 90.335 M |
Basic Materials |
|
Evolution Mining Ltd | 7.560 | 0.08 | 1.07 | 7.585 | 7.410 | 7,090,479 | 14,977.802 M |
Basic Materials |
|
First Au Ltd | 0.004 | 0.001 | 33.333 | 0.004 | 0.004 | 1,234,769 | 8.305 M |
Basic Materials |
|
Focus Minerals Ltd | 0.375 | 0.02 | 5.063 | 0.395 | 0.370 | 260,573 | 113.191 M |
Basic Materials | G88 | Golden Mile Resources Ltd | 0.009 | 0 | 0.00 | 0.009 | 0.009 | 83,738 | 4.898 M |
Basic Materials |
|
GBM Resources Ltd | 0.023 | 0.001 | 4.546 | 0.025 | 0.023 | 3,596,638 | 31.149 M |
Basic Materials | GCR | Golden Cross Resources Ltd | 0.002 | 0 | 0.00 | 0.002 | 0.002 | -- | 2.195 M |
Basic Materials | GES | Genesis Resources Ltd | 0.005 | 0 | 0.00 | 0.005 | 0.005 | -- | 3.914 M |
Basic Materials |
|
Genesis Minerals Ltd | 3.930 | 0.02 | 0.506 | 3.990 | 3.890 | 3,780,933 | 4,464.882 M |
Basic Materials |
|
Gateway Mining Ltd | 0.026 | 0.001 | 3.704 | 0.027 | 0.026 | 1,595,705 | 10.629 M |
Basic Materials | GMN | Gold Mountain Ltd | 0.100 | 0 | 0.00 | 0.100 | 0.100 | -- | 0.244 M |
Basic Materials | GOR | Gold Road Resources Ltd | 3.200 | 0 | 0.00 | 3.220 | 3.180 | 3,526,307 | 3,476.480 M |
Energy |
|
Greenvale Energy Ltd | 0.043 | 0.001 | 2.273 | 0.044 | 0.043 | 2,259 | 23.952 M |
Basic Materials | GSN | Great Southern Mining Ltd | 0.027 | 0 | 0.00 | 0.027 | 0.026 | 260,939 | 26.914 M |
Basic Materials | GTE | Great Western Exploration Ltd | 0.012 | 0 | 0.00 | 0.012 | 0.012 | 437,511 | 6.813 M |
Basic Materials |
|
GWR Group Ltd | 0.115 | 0.01 | 9.524 | 0.115 | 0.105 | 479,696 | 35.597 M |
Basic Materials |
|
Havilah Resources Ltd | 0.180 | 0.005 | 2.857 | 0.185 | 0.175 | 515,165 | 59.370 M |
Basic Materials |
|
Helix Resources Ltd | 0.002 | 0.001 | 100 | 0.002 | 0.002 | 1,760,084 | 3.364 M |
Basic Materials | HRN | Horizon Gold Ltd | 0.520 | 0 | 0.00 | 0.520 | 0.520 | -- | 75.317 M |
Basic Materials |
|
Horizon Minerals Limited | 0.049 | 0.001 | 2.083 | 0.050 | 0.046 | 8,012,506 | 125.871 M |
Basic Materials |
|
Impact Minerals Ltd | 0.008 | 0.001 | 14.286 | 0.008 | 0.008 | 59,723 | 27.953 M |
Basic Materials | IXR | Ionic Rare Earths Ltd | 0.019 | 0 | 0.00 | 0.021 | 0.019 | 50,939,066 | 101.976 M |
Basic Materials |
|
Kingsgate Consolidated Ltd. | 2.460 | 0.07 | 2.929 | 2.500 | 2.400 | 637,192 | 616.027 M |
Basic Materials | KGD | Kula Gold Ltd | 0.007 | 0 | 0.00 | 0.007 | 0.007 | 303,222 | 6.449 M |
Basic Materials |
|
Koonenberry Gold Ltd | 0.053 | 0.005 | 10.417 | 0.058 | 0.048 | 7,240,966 | 49.203 M |
Basic Materials | KRM | Kingsrose Mining Ltd | 0.036 | 0 | 0.00 | 0.037 | 0.036 | 1,270,664 | 27.127 M |
Basic Materials | LCL | LCL Resources Limited | 0.006 | 0 | 0.00 | 0.006 | 0.006 | 1,002,748 | 7.196 M |
Basic Materials | LCY | Legacy Iron Ore Ltd | 0.009 | 0 | 0.00 | 0.010 | 0.009 | 937,803 | 97.620 M |
Basic Materials |
|
Lefroy Exploration Ltd | 0.130 | 0.005 | 4 | 0.130 | 0.120 | 124,693 | 31.053 M |
Basic Materials |
|
Locksley Resources Ltd | 0.115 | 0.01 | 9.524 | 0.125 | 0.105 | 8,785,533 | 19.250 M |
Basic Materials |
|
M3 Mining Ltd | 0.025 | 0.001 | 3.846 | 0.025 | 0.025 | 607,617 | 2.179 M |
Basic Materials | MAT | Matsa Resources Ltd | 0.072 | 0 | 0.00 | 0.076 | 0.069 | 632,710 | 53.953 M |
Basic Materials |
|
Middle Island Resources Ltd | 0.018 | 0.002 | 10 | 0.019 | 0.017 | 338,745 | 5.865 M |
Basic Materials |
|
Megado Minerals Limited | 0.043 | 0.004 | 10.256 | 0.043 | 0.037 | 3,441,073 | 25.182 M |
Basic Materials | MEU | Marmota Energy Ltd | 0.039 | 0 | 0.00 | 0.039 | 0.039 | 1,039,942 | 45.954 M |
Basic Materials |
|
Manuka Resources Ltd | 0.047 | 0.003 | 6.818 | 0.047 | 0.044 | 309,332 | 37.512 M |
Basic Materials | MML | MCLAREN MINERALS LIMITED | 0.024 | 0 | 0.00 | 0.024 | 0.024 | -- | 4.529 M |
Basic Materials | MRR | Minrex Resources Ltd | 0.008 | 0 | 0.00 | 0.008 | 0.008 | -- | 8.679 M |
Basic Materials | MRZ | Mont Royal Resources Ltd | 0.041 | 0 | 0.00 | 0.041 | 0.041 | -- | 3.486 M |
Basic Materials | MVL | Marvel Gold Ltd | 0.013 | 0 | 0.00 | 0.013 | 0.012 | 1,053,832 | 18.111 M |
Basic Materials |
|
Nagambie Mining Ltd | 0.017 | 0.001 | 6.25 | 0.017 | 0.017 | 26,471 | 12.853 M |
Basic Materials |
|
Nex Metals Explorations Ltd | 0.022 | 0.003 | 15.79 | 0.022 | 0.019 | 208,352 | 6.348 M |
Basic Materials |
|
New Peak Metals Limited | 0.021 | 0.007 | 25 | 0.026 | 0.021 | 1,155,564 | 9.018 M |
Basic Materials | NSM | North Stawell Minerals Ltd | 0.037 | 0 | 0.00 | 0.037 | 0.035 | 10,194 | 11.359 M |
Basic Materials |
|
Northern Star Resources Ltd | 16.520 | 0.18 | 1.102 | 16.630 | 16.360 | 4,556,090 | 23,342.508 M |
Basic Materials | NWF | Newfield Resources Ltd | 0.089 | 0 | 0.00 | 0.089 | 0.089 | -- | 83.723 M |
Basic Materials |
|
Ora Banda Mining Ltd | 0.660 | 0.02 | 3.125 | 0.670 | 0.627 | 13,409,960 | 1,305.543 M |
Basic Materials | ORN | Orion Minerals Ltd | 0.010 | 0 | 0.00 | 0.011 | 0.010 | 719,186 | 77.465 M |
Basic Materials |
|
Ozaurum Resources Ltd | 0.081 | 0.001 | 1.22 | 0.083 | 0.081 | 515,809 | 18.786 M |
Basic Materials |
|
Perpetual Resources Ltd | 0.020 | 0.003 | 17.647 | 0.021 | 0.017 | 12,297,672 | 17.465 M |
Basic Materials |
|
Peregrine Gold Ltd | 0.185 | 0.005 | 2.632 | 0.200 | 0.185 | 280,862 | 16.121 M |
Basic Materials | PNR | Pantoro Ltd | 3.000 | 0 | 0.00 | 3.040 | 2.970 | 1,174,396 | 1,178.439 M |
Basic Materials |
|
Perseus Mining Ltd | 3.600 | 0.03 | 0.84 | 3.630 | 3.560 | 2,569,464 | 4,841.884 M |
Basic Materials | PRX | Prodigy Gold NL | 0.002 | 0 | 0.00 | 0.002 | 0.002 | 40,000 | 6.350 M |
Basic Materials |
|
Petratherm Ltd | 0.360 | 0.005 | 1.37 | 0.385 | 0.360 | 474,912 | 126.515 M |
Basic Materials |
|
Peak Minerals Ltd | 0.058 | 0.001 | 1.754 | 0.060 | 0.053 | 8,553,280 | 168.523 M |
Basic Materials |
|
QMines Ltd | 0.046 | 0.001 | 2.128 | 0.048 | 0.045 | 1,298,702 | 22.062 M |
Basic Materials |
|
Rincon Resources Ltd | 0.017 | 0.002 | 13.333 | 0.017 | 0.016 | 2,043,750 | 4.388 M |
Basic Materials | REZ | Resources Energy Group Ltd | 0.019 | 0 | 0.00 | 0.020 | 0.019 | 320,227 | 14.847 M |
Basic Materials | RGL | Riversgold Ltd | 0.005 | 0 | 0.00 | 0.005 | 0.005 | 1,291,030 | 8.419 M |
Basic Materials |
|
Red Hill Iron Ltd | 3.400 | 0.09 | 2.579 | 3.490 | 3.310 | 13,719 | 223.805 M |
Basic Materials |
|
Resolution Minerals Ltd | 0.065 | 0.002 | 3.175 | 0.078 | 0.063 | 30,043,884 | 43.000 M |
Basic Materials |
|
Ramelius Resources Ltd | 2.510 | 0.05 | 2.033 | 2.520 | 2.440 | 5,226,244 | 2,851.460 M |
Basic Materials |
|
Rand Mining Ltd | 1.900 | 0.02 | 1.064 | 1.900 | 1.900 | 2,332 | 106.927 M |
Basic Materials |
|
Regis Resources Ltd | 4.470 | 0.05 | 1.131 | 4.500 | 4.400 | 1,974,224 | 3,340.654 M |
Basic Materials |
|
Resolute Mining Ltd | 0.655 | 0.005 | 0.769 | 0.657 | 0.637 | 6,865,938 | 1,383.883 M |
Basic Materials | RTG | RTG Mining Inc | 0.032 | 0 | 0.00 | 0.032 | 0.030 | 631,051 | 42.185 M |
Basic Materials |
|
St Barbara Ltd | 0.290 | 0.01 | 3.571 | 0.300 | 0.280 | 4,006,614 | 303.198 M |
Basic Materials |
|
Santa Fe Minerals Ltd | 0.330 | 0.03 | 10 | 0.330 | 0.300 | 110,066 | 22.938 M |
Basic Materials |
|
Sandfire Resources NL | 10.950 | 0.06 | 0.551 | 11.000 | 10.870 | 1,525,863 | 4,999.295 M |
Basic Materials |
|
Sky Metals Ltd | 0.078 | 0.009 | 13.044 | 0.078 | 0.068 | 1,687,980 | 54.075 M |
Basic Materials | SMI | Santana Minerals Ltd | 0.585 | 0 | 0.00 | 0.600 | 0.575 | 660,896 | 448.271 M |
Basic Materials |
|
Superior Resources Ltd | 0.004 | 0.001 | 20 | 0.005 | 0.004 | 4,499,200 | 11.855 M |
Basic Materials |
|
Sipa Resources Ltd | 0.017 | 0.003 | 15 | 0.018 | 0.015 | 5,553,643 | 8.328 M |
Basic Materials |
|
Saturn Metals Ltd | 0.430 | 0.02 | 4.878 | 0.430 | 0.410 | 544,884 | 207.296 M |
Basic Materials |
|
Tanami Gold NL | 0.059 | 0.003 | 5.357 | 0.059 | 0.058 | 363,756 | 65.806 M |
Basic Materials | TBR | Tribune Resources Ltd | 4.770 | 0 | 0.00 | 4.770 | 4.770 | 2,374 | 250.273 M |
Basic Materials |
|
Techgen Metals Ltd | 0.021 | 0.001 | 4.546 | 0.022 | 0.021 | 625,372 | 3.491 M |
Basic Materials | TGM | Theta Gold Mines Ltd | 0.185 | 0 | 0.00 | 0.190 | 0.180 | 39,615 | 172.306 M |
Basic Materials |
|
Talisman Mining Ltd | 0.145 | 0.01 | 7.407 | 0.145 | 0.140 | 97,488 | 27.306 M |
Basic Materials |
|
Terrain Minerals Ltd | 0.002 | 0.001 | 20 | 0.002 | 0.002 | 3,433,333 | 5.064 M |
Basic Materials |
|
Toro Energy Ltd | 0.210 | 0.01 | 5 | 0.212 | 0.190 | 214,572 | 24.056 M |
Basic Materials | TRM | Truscott Mining Corp Ltd | 0.049 | 0 | 0.00 | 0.049 | 0.049 | -- | 9.381 M |
Basic Materials |
|
Titan Minerals Ltd | 0.325 | 0.005 | 1.563 | 0.340 | 0.320 | 296,134 | 84.729 M |
Basic Materials |
|
Terramin Australia Ltd. | 0.056 | 0.002 | 3.704 | 0.056 | 0.056 | 55,668 | 114.294 M |
Basic Materials |
|
West African Resources Ltd | 2.250 | 0.03 | 1.351 | 2.270 | 2.220 | 2,580,174 | 2,668.905 M |
Basic Materials |
|
Wildcat Resources Ltd | 0.180 | 0.01 | 5.882 | 0.185 | 0.175 | 2,844,450 | 227.217 M |
Basic Materials |
|
Western Gold Resources Ltd | 0.095 | 0.011 | 13.095 | 0.095 | 0.091 | 832,460 | 19.321 M |
Basic Materials |
|
Westgold Resources Ltd | 2.770 | 0.03 | 1.095 | 2.780 | 2.720 | 2,032,516 | 2,602.984 M |
Basic Materials | WMG | Western Mines Group Ltd | 0.230 | 0 | 0.00 | 0.235 | 0.230 | 11,875 | 22.261 M |
Basic Materials |
|
Xanadu Mines Ltd | 0.080 | 0.001 | 1.266 | 0.080 | 0.079 | 530,538 | 181.006 M |
Basic Materials |
|
Yandal Resources Ltd | 0.150 | 0.02 | 11.765 | 0.165 | 0.150 | 221,778 | 47.931 M |
Basic Materials | ZAG | Zuleika Gold Ltd | 0.016 | 0 | 0.00 | 0.016 | 0.015 | 431,785 | 11.870 M |
Basic Materials |
|
Zimplats Holdings Ltd | 16.290 | 0.5 | 3.167 | 16.290 | 16.000 | 13,602 | 1,699.604 M |
Frequently Asked Questions
Most popularly, there are three major avenues to invest in gold – buying physical gold, purchasing gold exchange-traded fund (ETF), and trading in gold and its derivatives such as futures and options in the commodity market.
Physical gold can be purchased in the form of coins, bars, and bullions. For those who want to invest in gold without actually buying physical gold, ETFs could be a good option. ETFs are passive investment instruments which provide better flexibility and liquidity relative to buying physical gold. They also guarantee purity and hassle-free transaction with no burden of storage. Gold derivatives such as futures and options allow investors to buy or sell gold at a specific price for a certain period.
How does Fed fund rate affect gold prices?
Interest rates and gold prices are inversely corelated to each other. Rising Fed fund rates make fixed income and bond investments more attractive, as a result money flowing into higher-yielding investment increases, shifting investors' interest away from non-yielding investments such as gold. Contrarily, when interest rates trend lower, the inflow towards gold increases as investors don’t get good returns on their deposits and purchase gold by breaking their deposits, causing an increase in gold demand and pushing prices higher.
Gold has maintained its position as one of the major investment assets, backed by its rich history and value. For years, people have been investing in gold, driven by various factors. Gold holds some value as insurance against rough economic downturns.
Gold is commonly known as a safe-haven asset as it is negatively correlated with other assets. In times of market turbulence, when the prices of most assets decline, gold retains its value. Since gold does not easily corrode, it can be stored for many years without any concerns of it losing its properties. Investing in gold can provide a hedge against inflation. Furthermore, gold offers high liquidity thus making it attractive for big investors such as the institutions.
The gold-silver ratio is the most conventional form of expression that is being used to track the exchange rate. It is an expression of the gold and silver price relationship that shows the number of ounces of silver required to equate the value of one ounce of gold. For example, if the price of gold is US$500 per ounce and the price of silver is US$20 per ounce. Then the gold-silver ratio would be 25:1.
The rationale behind tracking the gold-silver ratio is that the prices of these two precious metals have a well-established correlation and they rarely deviate from each other.
As per the United States Geological Survey data, Australia holds the largest gold reserves in the world, followed by Russia and South Africa. The US contains the fourth largest gold reserves in the world.
In Australia, nearly 60% of gold deposits are concentrated in the Western Australia region while the remaining deposits are in Northern Territory and other states. The primary gold deposits in the country include those mined at Kalgoorlie in the Super Pit, St Ives, Granny Smith, Norseman, Callie, Mount Magnet, Gympie, Ravenswood, Stawell, Cadia, Henty, and Challenger. The Lachlan Fold Belt of NSW is the second-largest gold-producing region in Australia.