Pure 1,000-gram gold bars produced by South Korea’s LS-Nikko are stacked in a dealers room in Seoul … [+] on January 9, 2009. Gold prices have soared on strong demand due to the local currency’s sharp depreciation against the US dollar last year. AFP PHOTO/KIM JAE-HWAN (Photo credit should read KIM JAE-HWAN/AFP via Getty Images) […]
Precious Metals Bull Market Not Over Yet, Analyst Says Read More »
BNP Paribas secures the Precious metals house of the year award at the Energy Risk Asia Awards 2021 With a global commodity derivatives division of more than 100 sales, trading and structuring team members, and nearly 20 staff in Asia‑Pacific (Apac), BNP Paribas is one of very few banks that can offer financing and risk management solutions
Precious metals house of the year: BNP Paribas – Risk.net Read More »
Broader markets were quiet but firmer heading into the weekend and China’s Mid-Autumn Festival holiday takes place on Monday and Tuesday Base metals Three-month base metals prices on the London Metal Exchange rose by an average of 0.4% on Friday morning. Aluminium was slightly down, by 0.1%, at $2,886.50 per tonne and tin
MORNING VIEW: Base metals mixed across exchanges, but mostly standing still Read More »
Moonfarm is a yield aggregator platform that offers investors a yield on their cryptocurrency holdings by facilitating single asset staking and liquidity provisions on Decentralized Exchanges (DEX’s) including Uniswap, Pancakeswap and Quickswap. Aurus provides a Tokenization-as-a-Service (TaaS) solution to the precious metals industry. Aurus empowers precious metals. While uncontested as stores of value, precious metals
Aurus partners with Moonfarm – Earn yield on precious metals | CryptoSlate Read More »
Gold bullion is displayed at GoldSilver Central’s office in Singapore June 19, 2017. REUTERS/Edgar Su/File Photo Register now for FREE unlimited access to Reuters.com Register Dollar index up 0.1% after hitting near two-week low Investors await U.S. payrolls report on Friday Aug 30 (Reuters) – Gold prices slipped, after touching a near a four-week high
PRECIOUS Gold pulls back as dollar strengthens, caution sets in Read More »
AFP Last updated: 03:48 PM, 24 August, 2021 (© BillionPhotos.com– stock.adobe.com) Today, the global economy and the stock markets are still suffering due to the pandemic. The situation reminds financial crisis in 2008. Then the investors lost more than 50% of their shares. Now, they worry about their investments even more. Undoubtedly, activities to combat
World of precious metals: What is the best choice to invest in 2021? Read More »
Big US-listed gold miners have shed one-fifth of their market value this year as a strengthening dollar and a rise in bond yields from 2020 lows dented the price of the precious metal. The New York Stock Exchange Gold Bugs index has tumbled 20 per cent since the end of last year to the lowest
Gold miners lose their lustre as price of precious metal drops Read More »
The deadline for availing duty-free benefits on the import of precious metals for manufacturing jewellery and gold coins for exports has been extended by six months. In a circular issued on Thursday, the Central Board of Indirect Taxes and Customs (CBIC) said that businesses will get the extra time to meet their export obligations in
Importers of precious metals get CBIC relief Read More »
KUALA LUMPUR (Aug 18): Jeweller Tomei Consolidated Bhd has proposed to list four wholly-owned subsidiaries under a special purpose vehicle YX Precious Metals Bhd (YXPM) on the ACE Market of Bursa Malaysia. The four subsidiaries are Yi Xing Goldsmith Sdn Bhd, Gemas Precious Metals Industries Sdn Bhd, Emas Assayer Sdn Bhd and GPM Refinery Sdn
Tomei proposes ACE Market listing for its precious metals biz via SPV Read More »
Gold slipped after finishing strongly last week, with UBS Group AG warning investors to rethink their bullion holdings as the global economy recovers and the greenback strengthens into next year. Bullion had been clawing back some ground over the past week after better-than-expected U.S. jobs data sent prices tumbling on bets the Federal Reserve may
Gold investors warned by UBS: ‘Get out’ before prices go down further Read More »
Silver and Gold coins. getty A quick look at the “new 52-week lows” list this week shows a surprising number of gold and silver stocks. Well, maybe not all that surprising considering how much the underlying metals have dropped in price. Gold traded briefly at below 1700, down from a June high of 1900. Silver
Precious Metals Stocks Hit New 52-Week Lows: A Price Chart Analysis Read More »
Gold has grown by more than 5% in 2023 alone, continuing a bullish trend that has seen its price double over the last 10 years. In fact, earlier this year, the price of gold came close to hitting record highs at over $2,000 per ounce. Experts predict it will continue to grow steadily in the
The Best Countries for Offshore Gold Storage Read More »
Frankfurt has one of the best gold coin stores in Europe. It’s not just that the place is in central Frankfurt (ironically not that far from the ECB) or that walking into it reminds you of a scene from The World is Not Enough. It’s because the service there is some of the best we’ve seen
The Best Places to Buy Gold and Silver in Europe… VAT Free Read More »
This week saw the news that a vaccine had been found to combat the coronavirus. At least it offers the prospect of humanity ridding itself of the virus in due course, but it will not be enough to rescue the global economy from its deeper problems. Monetary inflation is therefore far from running its course.
The Monetary Logic for Gold and Silver Read More »
Metals futures can be used to diversify your portfolio or hedge your equities metals exposure. Learn the different ways you can trade metals. 4 min read Photo by Getty Images When it comes to physical commodities, crude oil may rule the roost, but the metals are also important. They’re what built civilization—from the tools we
Pedal to the Metals: A Metals Futures Explainer – Ticker Tape Read More »
If the seemingly inexorable rise of inflation in the UK and elsewhere in the world is making you wonder where you can invest your money and keep up with rising prices, then gold is worth considering – at least for a portion of your cash. Traditionally, gold has been used as a hedge against inflation,
It could be time to cash in on the falling price of GOLD Read More »
A pedestrian walks past the Wheaton Precious Metals Corp. headquarters in Vancouver, British … [+] Columbia, Canada, on Monday, Sept. 21, 2020. Photographer: Taehoon Kim/Bloomberg © 2020 Bloomberg Finance LP Wheaton Precious Metals stock (NYSE: WPM) has increased by 10% in the last six months and currently trades at $45 per share. The recent uptick
What’s Behind Wheaton Precious Metals Stock’s Recent Rise? Read More »
A pedestrian walks past the Wheaton Precious Metals Corp. headquarters in Vancouver, British … [+] Columbia, Canada, on Monday, Sept. 21, 2020. Photographer: Taehoon Kim/Bloomberg © 2020 Bloomberg Finance LP Wheaton Precious Metals stock (NYSE: WPM) has increased by 10% in the last six months and currently trades at $45 per share. The recent uptick
What’s Behind Wheaton Precious Metals Stock’s Recent Rise? Read More »
Corrugated packaging and containerboard demand remained “very strong” in the second quarter of the year, according to International Paper (IP), a Memphis, Tennesse-based global producer of fiber-based packaging, pulp and paper products. “In our papers business, demand recovery accelerated in the second quarter across our key geographies,” said Mark Sutton, chairman and chief executive officer
Umicore earnings boosted by record precious metals prices Read More »
By Rajendra Jadhav, Eileen Soreng * Premiums widen slightly to $1-$4 in China * Mandatory hallmarking of gold jewellery hurt trade in India * Silver’s recent drop prompts bargain buying in Singapore July 30 (Reuters) – Physical gold demand was subdued in India this week as rising prices discouraged retail purchases, while top consumer China
Asia Gold-Price rise dulls retail demand in most Asian centres Read More »
Executive Summary The Monetary Authority of Singapore (“MAS”) is seeking comments on changes to the requirements on anti-money laundering and countering the financing of terrorism (“AML/CFT”) applicable to financial institutions regulated by MAS (“FIs”) and variable capital companies (“VCCs”) under the purview of MAS for AML/CFT obligations. The proposals are set out in the “Consultation
By Clint Siegner The first half of 2021 did not play out as hoped by precious metals investors. Despite the effort to “squeeze” the bullion banks, has yet to push through the $30 barrier, and remains below the high put in nearly a year ago. The effort has been valiant. Demand for physical bullion is
Precious Metals: Paper Vs. Physical Markets | Investing.com Read More »
Lengthy earlier than the covid-19 lockdowns, financial and monetary developments threatened to undermine each the US economic system and the greenback. The similarities between the state of affairs right this moment and the tip of the roaring twenties, and the melancholy that adopted, are enormously regarding. Each durations have seen a inventory market bubble, fuelled
The Penalties of Finances Deficits for Worldwide Commerce Read More »
Long seen as a safe investment during times of crisis, gold and silver assets saw prices rise considerably in 2020 as the pandemic progressed. Risk-averse investors flocked to these materials as a safe, recession-proof store of value and as the global supply was disrupted by the Covid-19 pandemic. [The price of gold reached its highest
Seeing the gold and silver linings | Macau Business | Business Read More »
The precious metals business at Credit Suisse has undergone a transformation in recent years, leading to an outstanding performance in 2020. For example, over the course of the year, the bank almost doubled its market share of spot precious metals. Underpinning the team’s success was the bank’s decision to consolidate all its trading businesses into
Precious metals house of the year: Credit Suisse – Risk.net Read More »
Niche experience and global reach enabled the UBS precious metals team to deliver in exceptional times, earning it top spots in the 2021 Energy Risk Commodity Rankings Last year was a roller-coaster ride for precious metals, as geopolitical tensions at the start of the year were followed by the Covid-19 pandemic and ensuing economic
UBS precious metals team – Expertise pays off in extreme times – Risk.net Read More »
Precious metals may spark debate among investors, but they’ll always have plenty of fans. Here’s what you should know if you’re thinking about adding them to your portfolio. In partnership with The Perth Mint. Buy gold, silver, and platinum from Australia’s largest fully-integrated precious metals enterprise. Choose from bullion bars and coins through to ETFs
Precious metals: What investors should know in 2021 Read More »
LONDON, July 10 (Reuters) – Banks clearing gold trades in London can apply for an exemption from tighter capital rules due in January 2022, a British regulator said on Friday, removing what some said was a threat to the functioning of the market. London is the world’s biggest physical precious metals trading hub. Its clearing
Britain carves out exemption for gold clearing banks from Basel III rule Read More »
SINGAPORE, June 29, 2021 /PRNewswire/ — Singapore Precious Metals Exchange (SGPMX), the world’s first 100 percent physically-backed precious metals exchange, has teamed up with Scottsdale Mint, a manufacturer of precious metal products to 20+ foreign governments, private banks, investors, collectors, and 3rd party bullion dealers to officially launch its Stacker Market™ platform. The platform will allow
SINGAPORE, June 29, 2021 /PRNewswire/ — Singapore Precious Metals Exchange (SGPMX), the world’s first 100 percent physically-backed precious metals exchange, has teamed up with Scottsdale Mint, a manufacturer of precious metal products to 20+ foreign governments, private banks, investors, collectors, and 3rd party bullion dealers to officially launch its Stacker Market™ platform. The platform will allow
Industrial and precious metals are key components for investing, trading, and understanding the market. Learn how industrial and precious metals markets may potentially affect economic growth and sentiment. 4 min read Photo by Getty Images Key Takeaways Gold and other precious metals can help gauge inflationary pressures Copper and other industrial metals can be a
Industrial and Precious Metals: Linking Money, Value, and Economic Growth – Ticker Tape Read More »
Palladium’s surge has given it the title of most-expensive of the major traded precious metals, and its gap over gold may widen as demand buoys prices. The metal used in catalytic converters hit an all-time high of more than $3,018 an ounce in May and, even as its rally cooled over the past month, is
Metal Worth More Than Gold Is Set to Get Even More Expensive Read More »
Seller waits for customers at a jewellery showroom during Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, amidst the spread of COVID-19 in Mumbai, India, November 13, 2020. REUTERS/Niharika Kulkarni/Files Register now for FREE unlimited access to Reuters.com Register China discounts rise to as much as $20-$50/oz China COVID-19 resurgence seen affecting
Asia Gold India market still muted, China flips to discount Read More »
Source: Morningstar. Performance measured by S&P GSCI indices. TR%, USD [1st May 2020 – 30th April 2021] Commodity prices have come roaring back, but is gold the main beneficiary or have other precious metals stolen a march? Dr. Nisha Long takes a closer look. Commodities rallied due to the weakening dollar, as well
Chart of the week: How gold is being outshone by precious metals Read More »
Bars of 100-ounce silver are stacked inside The Safe House, a vault operated by Silver Bullion Pte, in Singapore. Nicky Loh | Bloomberg | Getty Images It’s often overlooked in favor of its lustrous cousin gold, but the price of silver has jumped over 70% in the last year, with commodity strategists saying the rally
Silver is up over 70% in a year. Here’s why experts say it could have further to go Read More »
Bars of 100-ounce silver are stacked inside The Safe House, a vault operated by Silver Bullion Pte, in Singapore. Nicky Loh | Bloomberg | Getty Images It’s often overlooked in favor of its lustrous cousin gold, but the price of silver has jumped over 70% in the last year, with commodity strategists saying the rally
Silver is up over 70% in a year. Here’s why experts say it could have further to go Read More »
Five companies from across the industry have joined the Singapore Bullion Market Association, adding to its diverse membership base, which currently stands at 12 foreign associate members. «With China’s largest technology and financial services companies recently stepping up efforts to expand into Singapore, the Asian finance hub has become crucial for international growth and access
Precious Metals Firms to Use Singapore as Launchpad Read More »
Liechtenstein’s almost surreptitiously adds bullion to the scope of money laundering regulation – to the unexpected relief of vaults, clients, and banks. In April, Liechtenstein quietly closed a loophole in its due diligence requirements by including third-party bullion assets. Although the step barely registered in Swiss finance circles, Liechtenstein’s precious metals dealers, vaults, and duty-free
Liechtenstein’s Gold in More Diligent Hands Read More »
Five companies from across the industry have joined the Singapore Bullion Market Association, adding to its diverse membership base, which currently stands at 12 foreign associate members. «With China’s largest technology and financial services companies recently stepping up efforts to expand into Singapore, the Asian finance hub has become crucial for international growth and access
Precious Metals Firms to Use Singapore as Launchpad Read More »
When buying gold or other commodities in Singapore there are several points to consider. Not least of these is which broker to choose. Here we will take a closer look at the best places to buy gold in Singapore as well as a few critical points to consider. Important Considerations Before Buying Gold in Singapore
How to Buy Gold in Singapore Read More »
A pedestrian walks past the Wheaton Precious Metals Corp. headquarters in Vancouver, British … [+] Columbia, Canada, on Monday, Sept. 21, 2020. Photographer: Taehoon Kim/Bloomberg © 2020 Bloomberg Finance LP Wheaton Precious Metals stock (NYSE: WPM) is up 75% since its March 2020 lows. At the current price of $42 the stock still appears to
Wheaton Precious Metals: Here’s A Stock With 30% Potential Upside Read More »
Editor’s note: Seeking Alpha is proud to welcome Dave Holland as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Photo by Ali Shahgholi/iStock via Getty Images Kinesis is
Kinesis – Savings, Payment System Backed By Precious Metals Read More »
The pay-offs of intensive research and development in metallurgy, these eight extraordinary timepieces are made of metals exhibiting remarkable properties. Platinum More precious and durable than gold, platinum is the denser and rarer metal. Due to its less malleable nature, platinum is comparatively harder to be fabricated into watch cases. This test of craftsmanship is
Luxury watches made with precious metals like platinum, titanium and proprietary alloys Read More »
The pay-offs of intensive research and development in metallurgy, these eight extraordinary timepieces are made of metals exhibiting remarkable properties. Platinum More precious and durable than gold, platinum is the denser and rarer metal. Due to its less malleable nature, platinum is comparatively harder to be fabricated into watch cases. This test of craftsmanship is
Luxury watches made with precious metals like platinum, titanium and proprietary alloys Read More »
The pay-offs of intensive research and development in metallurgy, these eight extraordinary timepieces are made of metals exhibiting remarkable properties. Platinum More precious and durable than gold, platinum is the denser and rarer metal. Due to its less malleable nature, platinum is comparatively harder to be fabricated into watch cases. This test of craftsmanship is
Luxury watches made with precious metals like platinum, titanium and proprietary alloys Read More »
The company will offer more convenience and flexibility for gold buyers in Singapore and Southeast Asia in storing and transporting their gold. Enabling clients to book their investments in Singapore rather than in Hong Kong is «a needed step considering the political changes taking place in Hong Kong,» Joshua Rotbart, founder and managing partner of J.Rotbart & Co., told finews.asia in an interview.
Gold Dealer J. Rotbart: New Singapore Office a «Needed Step» Read More »
Demand for coins and bars is booming, fueled in part by a Reddit-induced buying frenzy in February that drove prices to an eight-year high. While the fervor has abated, retail interest is still elevated, valuations are relatively cheap and measures are being taken to meet the surge in demand. The amount of silver stored in vaults in London
Singapore dealer prepares vault for 15,000 tonnes of silver Read More »
Inside a six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space is waiting to be filled with a precious metal that usually plays second fiddle to its more lustrous sibling. The vault that’s being built by Silver Bullion Pte Ltd. will — when completed in the first half of next year — be
Singapore Dealer Prepares Vault for 15,000 Tons of Silver Read More »
SINGAPORE (BLOOMBERG) – Inside a six-storey-high warehouse near Singapore’s Changi Airport, a vast hangar-like space is waiting to be filled with a precious metal that usually plays second fiddle to its more lustrous sibling. The vault that is being built by Silver Bullion will – when completed in the first half of next year –
Singapore dealer prepares vault for 15,000 tonnes of silver Read More »
This article is intended to update you on certain regulatory developments in this area since our article published on 31 October 2019. On 14 December 2020 and 28 December 2020, the Ministry of Law (“MinLaw”) issued two notices to all regulated dealers on changes to the subsidiary legislation of the Precious Stones and Precious Metals
Update on the registration of precious stones and precious metals dealers Read More »