Chinese gold imports rise 48%

Posted August 26, 2015

Continuing chaos on world equity markets and fears about the Chinese economy did not result in safe-haven buying of gold on Tuesday. The metal fell back from six week highs hit last week to close $15.30 or 1.3% lower than yesterday at $1,138.30 an ounce on the Comex market. While bargain hunters have stayed away… View Article

6 Diverse Uses of Silver Today

Posted July 31, 2015

If you’re a fan of precious metals or an avid collector of rare coins, you’re familiar with the value of gold, silver, platinum, and palladium. But have you ever thought about the various uses of these metals? Most people know a thing or two about gold and platinum, but what about silver? The silver in… View Article

Is the Falling Gold Price Signaling the End of the Financial Crisis?

Posted July 24, 2015

Gold prices have tumbled to a five-year low. As a trade-able commodity, the price of gold is largely linked to supply and demand. While supply remains fairly fixed, demand is shaped by the state of the global economy and investor perceptions of gold’s value as an asset – this is in turn shaped by the… View Article

Myths and Facts about Metal Detectors

Posted July 15, 2015

Metal detectors cause a lot of noise. They emit beeping signals and inspire mystique in those who use them. But you may have hear d different rumors about these devices. Or maybe you don’t think that metal detectors can uncover actual treasure. Here, we’ll help you distinguish between the science and the science fiction surrounding… View Article

Why isn’t gold gaining ground on the Greek crisis?

Posted July 1, 2015

Financial crises are supposed to be good for gold. After all, unstable situations theoretically cause investors to leave the risk of stocks for the comfort of hard stores of wealth. That’s why gold tends to be considered a risk-off asset, meaning that it rises when investors shy from risk. But even as Greece edges ever… View Article

Investors add most gold to funds in 5 months

Posted June 29, 2015

Gold is being supported by ‘continued worries related to Greece and investors returning to ETFs.’ Investors bought the most gold through physically-backed funds in almost five months as Greece and its creditors headed for last-ditch talks. Gold futures were little changed and palladium was near a two-year low. Gold exchange-traded product holdings rose 6.9 metric tons,… View Article

Gold: The US sets the price but Asia does the buying

Posted June 11, 2015

It seems illogical that gold price movement seems to be dominated by US internal factors while most gold trade is elsewhere. LONDON – What’s driving the gold price? At the moment it seems to be a succession of knee-jerk reactions to U.S financial data which push the gold price up or down, depending on the perception… View Article

Everything You Ever Wanted to Know About Palladium

Posted May 22, 2015

You’ve heard of silver, gold, copper, bronze, and even platinum. You know that each of these metals gives you a significant return when you sell them, and you wish you ran into them more often. However, you can’t continue to scrap every computer you own for gold. So how do you profit from precious metals… View Article

6 Rare US Coins That Could Be Hiding in Your Wallet

Posted May 19, 2015

If you’ve spent any time collecting coins, you know that imperfections or alterations in the minting process can result in interesting coins. These coin changes often go unnoticed. Most people probably don’t inspect each penny they get back as change. But maybe you should take a closer look at the coins in your wallet. Over… View Article

What’s Next for the Gold Price?

Posted May 14, 2015

Will gold zoom higher with Greece on the brink of default? Or will it crash as the Fed pursues an “exit?” Why has gold not rallied with the recent retreat of the dollar? To understand where gold may be heading, keep in mind that this shiny metal isn’t changing; it’s the world around it that… View Article