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.
This new depository not only enhances the security options available for precious metals storage in the Western United States but also brings additional employment opportunities to the Treasure Valley area. The opening of this depository reflects the growing demand for physical precious metals, driven by concerns over currency debasement and economic uncertainty.
Samsung’s new solid-state (SS) battery technology, which incorporates a silver-carbon (Ag-C) composite layer in its anode, enhances battery performance, offering a 600-mile range, 20-year lifespan, and a rapid 9-minute charge time.
A new report from the World Gold Council indicates that private purchases of gold reached 329 tonnes from April to June, a nearly fivefold increase from the previous quarter.
The Fed’s rate-hiking campaign has been the most aggressive since the 1980s, and it sparked some turmoil in the banking sector, the stock market, and the global economy during this period.
The Mint notified distributors recently of the increase in the premium.
Retail investors should expect the increase in premiums to trickle down quickly from the wholesale level to bullion dealers.
In 2024, China alone offloaded $53.3 billion worth of US Treasury bonds while accumulating substantial amounts of gold.
These modern renditions are composed of .999 fine silver and are available for purchase on the US Mint website for $91 each. The mintage for each coin is limited to just 275,000 pieces.
The United States Mint has announced a first of its kind collaboration with DC Comics to launch a new series of collectible coins and medals celebrating characters from the pages of DC comic books.
The new series will debut during the Summer of 2025 kick off with Superman, Batman, and Wonder Woman.
Many investors prefer the convenience of ETFs, which allow for quick trades via traditional broker apps. However, nothing provides the same financial security of having physical possession of your assets.
The offerings of silver coins at Costco include American Eagles, Canada Maple Leafs, and PAMP Silver Rounds