Silver looks to test fresh two-year highs

Silver looks to test fresh two-year highs

Gold futures look to snap four-session slide Silver futures regained their footing Wednesday to renew a charge to a fresh, nearly two-year settlement high, and gold tipped higher, as surging U.S. stocks looked to pause their climb. The early-week rally in U.S. equities tarnished the appeal of precious metals, often used as a hedge against higher-risk investments. September silver, which has been the high-flyer relative to gold in recent weeks, was up 26 cents, or…

Record Australian dollar gold prices make miners shine

Record Australian dollar gold prices make miners shine

Gold’s ability to hold on to near-record levels in Australian dollar terms despite the better than expected US jobs report and its implications for eventual interest rate rises has fueled a new buying rush for local producers. The Australian dollar gold price was hovering just above $1,800 an ounce, just shy of the all-time record on July 7 of $1,819 an ounce – that had eclipsed the previous record of $1,806 in 2011, which required…

Silver Outshines Gold in Brexit Precious Metals Rally

Silver Outshines Gold in Brexit Precious Metals Rally

Metal’s performance typically more volatile than gold’s When it comes to post-Brexit havens, silver has outshone gold. After Britain voted to leave the European Union last Thursday, investors dumped shares and riskier debt and jumped into haven assets such as government bonds, the yen and precious metals. But while gold got all the media attention, it was silver seeing more of the investors. Since the Brexit vote on June 23, gold is up 7% on…

Could Silver Prices Really Hit $1,000 Per Ounce?

Could Silver Prices Really Hit $1,000 Per Ounce?

Keith Neumeyer believes the silver price could hit $1,000 an ounce. Could such an increase really be in the cards for the white metal? So far, the silver price has made significant gains in 2016 – rising 12.94 percent for the year by $1.82 to $15.90 an ounce as of June 1st – but some insiders are saying the metal could potentially reach $1,000 an ounce. Keith Neumeyer, president and CEO of First Majestic Silver…

Gold-To-Platinum Ratio

Gold-To-Platinum Ratio

The gold-to-silver ratio is the most popular ratio among the precious metals. However, we can also link gold prices to platinum prices. Mathematically, the gold-to-platinum ratio is the price of gold divided by the price of platinum. It describes how many ounces of platinum are needed to purchase one ounce of gold, indicating the relative strength of gold prices compared to platinum prices. The indicator works just as the gold-to-silver ratio, so we will not…

Brexit effects gold prices

Brexit effects gold prices

After months of speculation, the historic headline for the day is “Brexit results: Britain votes to leave the EU.” After being a part of the EU for 43 years, the vote in favor of Brexit has sent shockwaves throughout the world. Official results show that the “Leave” campaign secured 51.9% of the votes. As per key Brexit campaigner, U.K. Independence Party leader Nigel Farage, Jun 23 would go down in the history of Britain as…

3D Printing Precious Metals

3D Printing Precious Metals

SmarTech believes that 3D printing of gold, silver, platinum and precious metal alloys will present important opportunities for the 3D printing community in the near future. 3D printing has been of growing importance in the jewelry industry for a decade and we are about see 3D printing enter new territory; directly fabricated jewelry, timepiece components, and accessories made from precious metal powder. We also expect new opportunities for 3D-printed precious metals to emerge in the…