Breaking news from the precious metals industry. Gold, silver and platinum group mining, refineries and refining technologies, minting and distribution.
News and information about the global drivers of prices in the precious metals markets. Including central banks, interest rates, industrial manufacturing, electronics and investors.
The Biden administration has updated the plan, with several proposed options that would divert anywhere from 8 million to up to 55 million acres of public lands across 11 Western states to be made available for solar energy.
Sales tax on precious metals is a complicated patchwork of outdated state laws that has created problems for online retailers since the 2018 South Dakota v. Wayfair decision.
To celebrate the 20th Anniversary of the Call of Duty video game franchise, Activision has partnered with PAMP Suisse to develop a line of limited edition silver and gold bars featuring the imagery from the game.
The acquisition price for all assets is reported to be $41.5 million, consisting of $37.5 million in cash and $4.0 million of A-Mark common stock with an additional $37.5 million in cash incentives.
Fractional gold coins are one of the easiest and most affordable ways to buy gold coins. However, modern fractional gold coin premiums can seem extremely high relative to their full troy ounce counterparts.
Fractional gold coins have been circulated as currency for hundreds of years. As a result there are many different vintage fractional gold coins available that carry a lower premium than their modern equivalents.
Currently, the Zimbabwe gold-backed digital currency that was introduced in 2023, is in use as legal tender and a store of value alongside the Zimbabwean dollar and bond notes. According to state-owned media reports, the country’s central bank currently holds roughly 793kgs of gold in reserves valued at roughly $49 million at the current price with plans to grow reserves to around $100m.
Costco’s decision to sell precious metals is being viewed as a strategic way to tap into niche markets while exposing precious metals as store of value and wealth to their diverse customer base.
Costco’s venture into selling precious metals is helping to set a new retail trend that blurs the lines between everyday shopping and investing.
The surface of all precious metals have microscopic topographic features that are as unique as human fingerprints.
The PAMP Suisse Veriscan Mobile Application can be used to authenticate gold, silver and platinum bars that are issued by PAMP Suisse, along with bullion coins and bars that are issued by a handful of other established mints that include the Royal Australian Mint, Bank of China, Lombard Bank Malta and UBS.
One of the most popular silver at spot price deals is the 10 oz Silver Bar at Spot Price from Silver Gold Bull. This particular silver bar is minted by Sunshine Minting and contains a custom design that features the Silver Gold Bull charging bull logo.
Collecting pre-1982 pennies can be a hobby that also serves as an investment in copper. The higher copper content in these pennies makes them more valuable as a commodity than their face value and post-1982 counterparts.
The intrinsic value of the metal does not change the fact that thee coins are legal tender. Just like Pre-1965 junk silver, there are many advantages to having an easily recognizable coin rather than some melted scrap copper ingots.