Precious Metal News

Gold prices have tumbled lately with various economic indicators on the mend.

Gold prices ease as economy strengthens

With various indicators showing that the economy is improving, gold prices have taken a turn in a downward direction as of late.

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The 13-week long miners strike could be finally coming to an end in South Africa, good news for the country's economy and the precious metals industry.

SA miners strike may be nearing end

Entering the fourth month of the South African miners strike, there are at least some signs of progress between producers and the Association of Mineworkers and Construction Union.

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India, one of the world's largest precious metals consumers and producers, has raised tariff values for both gold and silver.

India raises tariffs on gold, silver imports

Precious metal prices worldwide could climb substantially in the coming weeks and months, this after one of the largest countries in gold consumption raised the import tariff value for both gold and silver.

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China to remain gold leader for years, report predicts

Evidenced by rising gold prices, China recently became the worldwide leader in demand for gold. And according to a recent report, it likely won’t relinquish that title for at least another four years.

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Platinum now goes for $1,460 per troy ounce, according to some of the latest price estimates.

Platinum prices continue their ascent as SA strike nears 3-month mark

Entering the 12th week of the ongoing strike in South Africa, platinum prices recently rose, influenced by fears that supply levels for the precious metal or becoming increasingly thin.

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A gold crystal found by an Ohio collector weighs more than 215 grams, believed to be the world's largest.

New find could be world’s largest single gold crystal

The precious metals refining industry is all atwitter after the discovery of a gold piece that has the potential to be the world’s largest single-crystal piece ever to be found.

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An archaeological dig in Israel revealed a 3,300-year-old coffin and gold piece.

Gold scarab unearthed in Israel

Archeologists in the Middle East recently made a precious metals discovery that’s made international headlines, due to the rarity of the treasure they found.

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Look no further than Dubai as a global hub for precious metals investment and activity.

Dubai major player in precious metals industry

Precious metals investment and supply is a global phenomenon, the latest evidence of which was recently made plain at the Dubai Precious Metals Conference hosted by the Dubai Multi Commodities Center.

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Once the ongoing mining strike ends, South Africa's largest mining company will likely become even bigger.

SA’s largest mining company expected to buy more when strike ends

Though there still aren’t any indications as to when the ongoing precious metals mining strike will finally come to an end, one of South Africa’s largest mining companies will likely increase increase its footprint through a major purchase.

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The third annual Dubai Precious Metals Conference runs from April 6 to April 7.

Annual precious metals conference underway in Dubai

The third annual Dubai Precious Metals Conference is currently underway in the Middle East, the theme of which is “Engaging with Africa.”

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Live Price Charts

Second London Fix price is updated each business day at 10.45 am EST.

Type Date Second London Fix
Gold 4/23/2014 $1,285.25
Silver 4/23/2014 $19.46
Platinum 4/23/2014 $1,400.00
Palladium 4/23/2014 $786.00
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