Precious metals researcher, forecaster and analyst Hubert Moolman predicts higher silver prices in 2018 based on the amount of U.S. paper money in circulation relative to the silver price.
Understanding how the COMEX futures market works provides indications on how the price for physical gold is set, according to Viking Analytics.
Precious metals are entering the time of year when silver and gold traditionally make their strongest gains, according to Mike Fuljenz, president of Universal Coin and Bullion. He notes that silver has averaged a 4.1 percent gain every September since 1975.
The Royal Mint has launched a new service, the Royal Mint Secure Storage, that enables members of the public to store their items of value within the organization’s high-security site in Llantrisant, Wales.
Gold production is expected to start in September from Anglo Asian Mining’s Ugur gold deposit in the Republic of Azerbaijan. Anglo Asian Mining has produced gold from its flagship Gedabeck mine since May 2009, but estimates the newly explored area's total mineral resource at 199,000 ounces of gold and 1,049,000 ounces of silver, with proven plus probable reserves of...
The Chinese appetite for Australian gold is worth $11 billion annually, according to the Perth Mint. Chinese investors are buying more than 230 metric tons of Australian gold bullion, worth $11 billion, on the Shanghai Gold Exchange every year, the Perth Mint announced.
While overall gold demand, at 953.41 metric tons worldwide, during the second quarter of calendar year 2017 was 10 percent lower compared to the same period in 2016, bar and coin demand was up 13 percent for the same period. The figures are from World Gold Council's latest report, dated Aug. 3.
The United States Mint will start selling American Eagle palladium coins to authorized purchasers in September, Acting Principal Deputy Mint Director David Motl told Coin World on Aug. 1.
The Precious Metals Association of North America offered testimony before the House Committee on Ways and Means asking for a change in the Internal Revenue Code and how precious metals are taxed.
How much gold and silver is stored in London vaults? The London Bullion Market Association knows and recently released details of the holdings in the city. The amount is measured in metric tons for both precious metals.