Silver

Indian Silver Increases 3.8%

by MetalMiner IndX Reports on May 11, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Precious Metals

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Closing at INR 55,345 ($1,027) per kilogram on May 10, 2012, Indian silver rose 0.7 percent to finish as the day’s biggest mover on precious metals markets. US silver prices inched up 1.2 percent to $29.27 per ounce. Chinese silver closed 0.5 percent lower at CNY 6,190 ($980) per kilogram. Japanese silver stayed flat at [...]

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Jewelery Market Shows a Silver Lining

by Stuart Burns on May 7, 2012

Style:    Category: Commodities, Precious Metals

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Every cloud has a silver lining, and for jewelers facing consumer demand destruction due to high gold prices, it would seem the silver lining is literal. A Mineweb report notes that Indian silver exporters are experiencing a record level of demand, particularly from the US and Europe, for silver jewelry. The article quotes data from [...]

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Precious Metals Roundup: US Silver Price Drops 2.1%

by MetalMiner IndX Reports on May 3, 2012

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On May 2, 2012, US silver fell by 2.1 percent to $30.52 per ounce, making it the day’s biggest mover on precious metals markets. Following a quiet couple of days, the price of Indian silver fell 0.8 percent on Wednesday to INR 55,350 ($1,054) per kilogram. The price of Chinese silver closed Wednesday at CNY [...]

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Selling the Family Silver: How Melters, Smelters Profit From Antiques

by Stuart Burns on April 26, 2012

Style:    Category: Commodities, Metal Prices, Precious Metals

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Clear out the closet, empty those drawers, pull out the flashlight and rummage around in the garage — the middle classes are apparently being driven to selling the family silver to make ends meet, and for the dealers buying the jewelry and antiques, it’s a nice little earner, in the parlance of London’s East End. [...]

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US Palladium Bar Price Increases, Gold Bullion Also Up

by MetalMiner IndX Reports on April 23, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Precious Metals

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At $672.00 per ounce, US palladium bar moved up 1.5 percent on April 20, 2012, the day’s biggest change in precious metals prices. The price of Japanese palladium bar finished the day at JPY 1,748 ($21) per gram following a 1.1 percent increase. Chinese palladium bar prices inched up 0.6 percent to CNY 161.00 ($25.54) [...]

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US Palladium Bar Price Rises 4.4% for the Week; Platinum Falls

by MetalMiner IndX Reports on April 18, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Precious Metals

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US palladium bar saw the largest upwards shift on the precious metals MMI, rising 4.4 percent to settle at $661.00 per ounce. The price of Chinese palladium bar increased by a slight 2.2 percent over the past week to CNY 160.50 ($25.47) per gram. Japanese palladium bar prices ticked up one percent over the past week to [...]

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Daily Precious Metals Prices Roundup – April 17, 2012

by MetalMiner IndX Reports on April 17, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Precious Metals

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US gold bullion saw little movement on April 16, 2012, staying around $1,652 per ounce. The price of Chinese gold bullion stayed firm at CNY 336.49 ($53.39) per gram. The price of Indian gold bullion remained steady at INR 28,423 ($554) per 10 grams. Japanese gold bullion saw little change in its price yesterday at [...]

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Olympic Metals – Worth Less (On the Markets) Than You Think

by Brianna Tonner on April 13, 2012

Style:    Category: Metal Prices, Non-ferrous Metals, Precious Metals

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Recent details on the new 2012 Summer Olympic medals may have Olympians shooting for the silver, instead of the gold (prestige-mestige, right?). According to a recent article in The Economist, based on current metal prices, the silver found in this year’s gold medal is actually worth more than the gold. Look at these beauties. Not [...]

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