Archive for April 2019
Five Charts Show Platinum Markets Coming to Life
After months of being ignored in favor of market darling palladium, platinum is finally getting some attention from investors. The metal, which is mostly used to make jewelry and reduce emissions from car exhausts, is trading near the highest since May and money is pouring into platinum-backed exchanged-traded funds. Prices have gained as expectations for…
Read MoreGold ends higher after settling last week at 2019 low
Gold prices pushed up from the more than four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk, against which gold can act as a hedge. A decline in the U.S. dollar and some weakness in benchmark stock indexes also weighed on demand for riskier assets, providing…
Read MoreHow gold quietly shapes our world
No longer just the element of mythology and wealth, gold is now important to pharmaceutical research, nanotechnology and more. The periodic table of chemical elements turns 150 this year. The anniversary is a chance to shine a light on particular elements – some of which seem ubiquitous but which ordinary people beyond the world of chemistry probably…
Read MoreRussia’s New Gold Rush Could Shake Up the International Monetary System
Russia and China might be considering a gold-backed digital currency. Russia is buying gold. A lot of gold. Within the span of a decade, the country quadrupled its reserves. Gold buying last year exceeded mine supply for the first time, so Russia is about to become a net importer of the metal. Commentators have suggested…
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