Precious Metal News

RSS
Experts at Bank of America say gold is bound to reach $1,300 per ounce territory, perhaps as soon as May.

Expert says May will be gold’s month to shine

It’s gold’s latest rally that has some economic experts believing prices will soon be headed to 2014 territory, when the yellow metal was in the $1,300 per ounce range throughout the better part of it.

Continue Reading »
Silver jewelry sales in the United States rose by an average of 17 percent last year, according to the Silver Institute.

Stellar year for silver jewelry sales

In 2014, silver jewelry sales rose appreciably throughout the United States, according to buyer data collected by the Silver Institute. Among jewelry retailers polled, slightly more than two-thirds said that purchase activity for their silver products rose in 2014, averaging an increase of 17 percent year-over-year.

Continue Reading »

Strong week for gold fueled by Fed statement on interest rates

Though it may have taken awhile to bear out, gold prices have responded favorably to the Federal Reserve’s indication that interest rates will remain low for the foreseeable future.

Continue Reading »
A Montana man's vehicle was recently robbed of $60,000 in gold after attending a precious metals convention.

Precious metals enthusiast robbed of gold

It’s been a wild month for gold, both in terms of prices and theft, as in a little over three weeks, there have been two high-profile yellow metal-related heists.

Continue Reading »
A precious metals experts says that silver is your best bet for investment, particularly against the dollar.

Now’s the time to buy silver, expert advises

Predictions on what the Federal Reserve will do next and how those moves will affect gold prices have hogged the headlines for the past several months in the precious metals sphere. So much so, the good news regarding silver has flown under the radar screen.

Continue Reading »
Economist point to August as the month in which the Federal Reserve will likely raise interest rates.

Fed to raise rates in August, economists predict

Precious metal investors say that a good indication of the direction of gold prices is determined by the actions taken by the Federal Reserve. If that’s indeed accurate, then values for the yellow metal could take a nosedive in the summertime.

Continue Reading »

US Mint gets most Americans’ stamp of approval

One of the few government agencies that most citizens think is performing well happens to handle precious metals, according to a recent survey.

Continue Reading »
10 million American Eagle silver coins have been purchased so far this year.

10 million American Eagle silver coins sold already

The precious metals market recently set a milestone, made possible by investors and the U.S. Mint.

Continue Reading »
The strengthening dollar, many believe, is most responsible for gold's depreciation.

Gold headed for $1,000 per ounce territory?

Depreciating gold prices have shaken the precious metals market and there may be further descending to go before it makes much of a recovery, according to industry experts.

Continue Reading »
Gold's ascendance in emerging markets like Asia could trigger a rise in prices for the yellow metal.

Gold to reach $1,400 per ounce, experts speculate

There are indications that gold could mount a recovery in the not-too-distant future.

Continue Reading »

Market Brief Sign-Up

Sign up for our weekly Market Brief newsletter, featuring the latest precious-metals industry news, and updates and announcements from Metallix.
 

Live Price Charts

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

Type Date Second London Fix
Gold 3/30/2015 $1,185.50
Silver 3/30/2015 $16.65
Platinum 3/30/2015 $1,119.00
Palladium 3/30/2015 $735.00
View All Charts
 

Visit Metallix Direct Gold

Visit Site

A unique opportunity for businesses and the public to sell smaller high-grade lots directly to the refinery.

&nbps;