Monday, September 15, 2014

Aussie Dollar Flirting with Sub 90 Cents Level adds Support to Gold and Silver Prices

The Aussie dollar has been battered this week with geopolitical events having caused a rise in demand for the US Dollar. This week has also seen a sell off in gold and silver, but in Aussie dollars the fall has been muted, prices in AUD have actually increased since late last week.

chart from xe.com

chart from goldprice.org

chart from goldprice.org