News & Events

PALLION Christmas Closing Hours

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 …

MINE TO MARKET - August 2015

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 …

MINE TO MARKET - July 2015

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…

COMMENTARY: Gen Why Do We Underestimate Australia's Youth?

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…

MINE TO MARKET - June 2015

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…

MINE TO MARKET - May 2015

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…

MINE TO MARKET - April 2015

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…

2015 Manufacturer of the Year!

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…

MINE TO MARKET - March 2015

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…

MINE TO MARKET - February 2015

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…

Public Announcement of Merger

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…

MINE TO MARKET - September/October 2014

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 …

MINE TO MARKET - August 2014

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 …