Precious Metal News

The ghost town of Braidan could be had for less than $1 million.

Canadian gold mining ghost town up for sale

If you have around $1 million to spare, you could be the owner of a town in which precious metal discovery work used to be performed on a regular basis, thanks to the tremendous amount of gold that was available for mining there.

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Rhodium prices jump past platinum, gold

For the first time in nearly three years, rhodium prices recently surpassed those of platinum.

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Palladium prices could be heading for a bear market, precious metals analysts predict.

Palladium prices could be headed south, experts predict

As the old saying goes, anything that goes up has to eventually come down. The latest illustration of this adage may be the precious metal palladium, according to the Wall Street Journal.

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Silver prices are down, but that hasn't translated into increased demand in India.

Silver demand plummets in India

Even though silver prices have fallen substantially in many foreign markets, demand is a shell of what it once was in India, one of the world’s biggest consumers of the precious metal, new numbers confirm.

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Rhodium prices are expected to  reach a high this year that was last hit in 2009.

Prices for rhodium expected to climb

Rhodium prices have the potential to increase to levels not seen in the past five years, fueled primarily by heightened demand and usage from automakers.

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Gold jewelry demand in the second quarter rose in the U.S. and the United Kingdom, but declined everywhere else, according to the World Gold Council.

Demand for jewelry rises in US, but falls globally

If there’s any precious metal that U.S. consumers and businesses like more than others, an argument can be made for gold, as demand for gold jewelry in the country soared between April and June while declining in much of the rest of the world.

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Palladium prices fall back to earth after sudden surge

After starting out the week with values at a 13-year high, palladium prices tumbled considerably due to supply concerns and perceptions of how this would affect demand.

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Gold jewelry demand increased in the U.S. this past second quarter.

Gold demand weakens from exceptional 2013, but still strong

Though gold prices are still in elevated territory, newly released numbers suggest that demand isn’t quite what it was last year, the latest example that 2013 may have been somewhat of an aberration when it comes to gold consumption.

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It's been a summer swoon for silver, with prices below $20 per ounce in July.

Silver swoons in July

Though recent reports have suggested that silver will be used more regularly for a variety of purposes – both among consumers and businesses – silver prices have been struggling in recent months.

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It will be a bumpy ride in the short-term, but platinum should be favorably positioned over the long haul.

The road ahead for platinum

Two weeks shy of being one month removed from the end of the platinum industry’s longest work stoppage, the road ahead for the platinum metal is a bumpy one – at least in the short-term, according to a research fellow who specializes in South Africa history and economy.

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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 9/2/2014 $1,267.00
Silver 9/2/2014 $19.20
Platinum 9/2/2014 $1,412.00
Palladium 9/2/2014 $887.00
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