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.
These quarter dollar coins minted since 1900 are some of the most valuable due to their rarity, condition, and historical significance. Collectors and investors prize them for their unique characteristics and the stories they represent in the history of American coinage.
By increasing production capacity in North America, the group is well-positioned to capitalize on strong investment demand in the U.S. and other resilient markets.
According to a recent announcement, the latest investment of $9.6 million brings A-Mark’s ownership stake to 55.4%. A-Mark acquired its initial stake in SGB in 2014 and increased its investment again in 2022 to 47.4%.
Various developments in emerging finance are implementing gold-back digital currencies and tokens.
A quick look at some of the new silver coins from the Perth Mint for 2024
Speaking at a BRICS meeting, Russian Foreign Minister Victor Lavrov told attendees that BRICS is prioritizing the creation of a platform that will enable member states to conduct cross-border transactions in national currencies.
Surveillance images from the convention center showed the man putting his finger under the lip and open the display case and looking over his shoulder and pocketing the nugget before walking away.
Young investors in South Korea are getting into gold buying because it’s easy and accessible in vending machines in convenience stores.
Gold prices have had pullback in recent weeks, after hitting an all-time record high of 2450.05 in May. In a report on Gold ETFs from the World Gold Council, inflows amounted to $529 million dollars, bringing total assets under management for gold ETFs up 2% to $234 billion.
Central banks across the Global South have been actively bolstering their gold reserves in anticipation of this transition. China, a major player in this shift, has been consistently purchasing gold for 18 consecutive months, with a staggering $53.3 billion worth of U.S. Treasuries being sold off since the beginning of the year.