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An article by Professor Lew Spellman has caught the attention of the sharp-eyed, and may indeed be important. Spellman, who in the past has been an economist at the Fed and served as an assistant to the Chairman of the President’s Council of Advisors, makes the point that gold is quietly becoming a core banking asset for collateral ...
As far as precious metals are concerned, there's plenty of comment about the bullish case for these metals with reference to economics and politics, but precious (if you'll forgive the pun) little analysis from a more scientific or geological perspective. What makes these metals – but in particular, gold – special in ...
Despite official denials by the Indian government, rumours are spreading that India and China are planning to use gold to pay for future purchases of Iranian crude oil. According to unconfirmed speculation, the Indian government is planning a swap agreement with Iran which will assure future deliveries of Iranian crude oil to be paid in ...
According to the World Gold Council (WGC), Japan's gold exports are at their highest level since 1985. Referring to data from the Japanese Ministry of Finance, the WGC informs that during the first eight months of this year, Japan exported 95.6 metric tonnes of gold. According to the WGC, this year Japan's gold exports will reach 100 ...
The United Kingdom´s Gold Britannia has been minted by the British Royal Mint since 1987. It appears in four different weights, ranging from 1/10 to 1-ounce coins. Each of the Britannia´s coin weights have a different nominal value, ranging between £10 and £100. 150,000 of the new edition of the Gold ...
Yesterday the Indian gold price rose 30 rupees to hit a new record high of 29,296 rupees per 10 grams. But rising prices are not scaring investors away - Indians keep transferring their funds to precious metals. The silver price also benefited from this trend, rising 150 rupees to consolidate at 58.000 rupees per kilo. During the five ...
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Gold:Gold Buy Rates |
$49.5019/gg $1,539.70/oz |
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Silver:Silver Buy Rates |
$27.2700/oz |
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Platinum:Platinum Buy Rates |
$45.3005/pg $1,409.00/oz |
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Palladium:Palladium Buy Rates |
$19.0085/pd $591.20/oz |
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