4 December 2015: ABC Refinery, the refinery division of Pallion, has today been appointed to The London Bullion Market Association’s (LBMA) Good Delivery list for gold. The appointment makes ABC Refinery the only independent LBMA accredited gold …
The Pallion Team would like to wish you a very merry festive season, and a prosperous 2016! We would like to wish you all the joys and happiness of the holiday season, and we look forward to working with you in the new year. Each of our companies …
ABC Refinery was delighted to announce that Phillip Cochineas has been elected as a Director for the Gold Industry Group. As an associate member of the group we are pleased to help provide a united voice for Australia’s gold industry. We are wo…
ABC Bullion, the bullion division of Pallion (Australasia’s largest precious metals services group), has today announced its appointment to manufacture the Emirates Melbourne Cup trophy for 2016 onwards. As part of a new partnership with The V…
A string of data out of the US, which showed the economy there still seems to be struggling for lift-off, weakened the US Dollar and strengthened gold throughout the month. The Non-Farm Payrolls number early in October missed the expectations badly …
Gold The US gold managed to not only fill the gap left by the big drop in July but also staged enough of a rally to induce some punters to go long as well. After breaching US1160 on the upside, rhetoric centred around the next target of US1200. Unf…
Gold The much heralded breakdown of the US gold market finally occurred on Monday 20th July. Once the USD1130 area was decisively breached there was daylight until the USD1088 area was hit. At this point a vicious rally took gold back up above the …
Gold As predicted in last month’s commentary, gold did stage a rally from the mid USD1150 area and managed to get as high as USD1225.00 before running out of steam as short-covering subsided and the bargain-hunting from lower levels ceased. Unsurpr…
SYDNEY, AUSTRALIA: Andrew Cochineas, Chief Executive Officer of Pallion, provides his insight on the view that Generation Y's "casual approach to employment" has been the primary cause of over 50% of trainees dropping out and the decrease of new a…
Gold Again, over the last month, all eyes are on the U.S. and its halting recovery. It seems the markets are still struggling with the concept that the road to growth is never an easy (or linear) process. Mid May brought a raft of numbers that sugg…
SYDNEY, AUSTRALIA: ABC Bullion is pleased to announce The Eureka, an iconic design for their signature minted bullion collection. Set against an Australian backdrop, the range captures the spirit of a definitive moment in Australian gold mining hi…
Gold The metals markets generally continue to be fixated on the US economy, its interest rate scenario and the overall strength (or weakness of the US dollar against the basket of currencies. Gold has continued to be the key indicator of the market…
Gold As predicted in last month’s commentary, gold did stage a rally from the mid USD1150 area and managed to get as high as USD1225.00 before running out of steam as short-covering subsided and the bargain-hunting from lower levels ceased. Unsurpr…
SYDNEY, AUSTRALIA: Thank you! Everyone at Palloys is greatly honoured to have been voted as Manufacturer Of The Year at the recent JIA Jewellery Industry Awards. We appreciate your support and we promise we’ll keep listening and working hard to gi…
Gold Gold, which had started so promisingly in January and February, suddenly hit a brick wall in the guise of a stronger US economy and the realisation that interest rate hikes may start occurring as early as June. The euphoria that had gripped th…
February 2015 -Monthly Commentary Gold started the year on a tear, rallying strongly with a generally weaker US dollar and a flight to quality as the Swiss National Bank removed the Swiss Franc’s peg to the Euro; leaving the latter in a freefall. T…
SYDNEY, AUSTRALIA: The ABC Bullion and Palloys Group of companies announced today that they have merged under a new holding company called Pallion. The merger combines the nation’s top independent retail bullion provider and precious metals refin…
As traders and hedge funds came back from summer holidays at the beginning of September, they wasted no time in expressing their intention to sell all the precious metals and test every significant support level they could find. Gold tried to find …
The ructions in the markets and the volatile trading conditions have continued into August unabated. Gold traded largely on the back of the relative strength (or weakness) of the USD and the movements in the long-term interest rates as an indicator …
