Gold has broken new ground, surpassing USD 3,600 per ounce on Monday—marking its 31st daily high of 2025—amid a weakening US dollar and easing rate-cut expectations, reports BullionVault’s Atsuko Whitehouse.

In Australia, that translates to a powerful spot price of around A$5,444 per ounce.

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Why This Is a Prime Moment to Sell Your Old Gold & Silver

1. Unusually High Prices in AUD

With gold trading near A$5,444/oz, you’re positioned to get a stellar return on old jewellery, coins, or scrap metal. Compared to recent prices, this represents one of the best selling opportunities in years.

2. Strong Macro Tailwinds Supporting Prices

Key factors fueling this rally include:

• A softer US dollar, now at a six-week low, which boosts demand for gold.
• Growing confidence in multiple Fed rate cuts by year-end—now seen as more than 74% likely.
• Political intervention concerns undermining trust in the dollar and reinforcing gold’s appeal.

3. Inclusive of Silver & Platinum Gains

Silver has surged 35.6%, now around USD 41.34/oz—close to 14-year highs—while platinum has jumped nearly 49% since Trump’s inauguration.

4. Central Banks Are Still Accumulating, Especially in Asia

China raised its reserves again in August—its 10th straight monthly increase—highlighting continued institutional demand.

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What This Means for GoldCompany Customers

Sell with confidence: Use GoldCompany for a seamless, secure experience—and we guarantee competitive payouts close to spot.

Maximise returns: With prices this high, old gold and silver pieces are more valuable than ever.

Inclusive pricing: Both gold and silver items offer attractive value.