precious metals

Any metals that have high economic value might be considered precious metals. Some of the more popular precious metals include gold, silver, platinum, iridium, rhodium and palladium.

These metals hold an intrinsic value and are valued for their industrial applications. Of course, factors like supply and demand have an effect on gold price, silver price and platinum price and the prices of other precious metals.

Although gold is generally considered the most significant and valuable of the precious metals, the significance of each metal is often influenced by cultural factors. As an example, Japan places gold in lower regard than it does platinum.

In an effort to retain anonymity precious metals are often transferred by investors through the hawala banking system. Hawala banking is the most ancient of all money transferring systems, used for thousands of years primarily among African, Asian and Middle Eastern cultures. The private nature of the hawala system is what makes it attractive to investors.

Discussions amongst bloggers about precious metals, primarily using gold, silver and platinum as investment instruments, can be joined on sites like Gold Basics and RunToGold.com.

by RawMichelle Are you a writer, passionate about this or any other topic? Join Blogcritics!

Original Technorati articles tagged “precious metals”

• in Finance
  Silver 'busting a gut' to top $30 an ounce
  4 months of "in the green" for the silver market
  by thegreenage / on Dec 15, 2010

Latest blogosphere posts tagged “precious metals”

 

• Gold Prices Gain on Greek Debt Deal (Update 1)

  
  TheStreet.com — Authority: 594
  NEW YORK (TheStreet ) -- Gold prices were climbing modestly higher after Greece secured a debt deal and as the Bank of England pumped more money into the system. Gold for April delivery was up $5.60 at $1,736.90 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as ...
  13 hours ago

• Why Energy Will Outperform Base Metals

  
  Gold Silver Profits — Authority: 119
  Lets   examine some evidence that energy resources are replacing metals as the world’s most valuable commodities,  writes Dan Denning for the Daily Reckoning Australia. Continue reading on www.goldsilverwebsites.com Buying Gold ? Make it safer, cheaper and easier with  BullionVault .
  16 hours ago

• Why Energy Will Outperform Base Metals

  
  Gold Silver Websites — Authority: 425
  Why Energy Will Outperform Base Metals Energy is replacing base metals as the world’s most valuable commodity class… LET’S  examine some evidence that energy resources are replacing metals as the world’s most valuable commodities,  writes Dan Denning for the Daily ...
  16 hours ago

• Making An Investment In Silver And Gold – A Good Option For Down The Road?

  
  Financial Newsline — Authority: 135
  Those who are thinking about gold or silver should be aware of the upcoming outlook and advantages of investing in precious metals. Since way back when folks have purchased bars or ingots as an approach of saving for times down the road. Silver and gold are old forms of currency which are not managed by any ...
  3 days ago

• Uniqueness Of Artificial Jewelry

  
  Urban Wear Clothing, Shopping and Gift Ideas! — Authority: 130
  by Gnilenkov Aleksey Jewelry has become a necessity for many women and they are always in search of some new jewelry. It is not possible to buy real jewelry so often because it is getting too costly day by day. Still women need jewelry for themselves. Then what is the solution for this problem. The modern ...
  4 days ago

• How to Enter the Gold Futures Market

  
  lsp-perhapi — Authority: 112
  Gold future trading deals with trading in gold at prices that are decided today, but having a settlement date sometime in the future. While trading in gold futures, you need not pay the seller the amount immediately, nor does the seller have to deliver the gold immediately. You may, however, have to pay a part amount. ...
  4 days ago

• Gold, silver, palladium, platinum outlook

  
  Dubai Chronicle — Authority: 433
  The January non-farm-payroll in the United States has been significantly better than expected. This has helped stock markets around the world to continue their excellent start into 2012. With 243,000 more people joining the ranks of the employed, the unemployment rate in the US has been pushed down to 8.3 per cent. ...
  5 days ago

• The First Casualty of the Currency Wars

  
  The Daily Reckoning Australia — Authority: 120
  Your editors Kindle e-reader has become the first casualty of the currency wars . We did the old put it on the roof of your car and then forget about it trick. What does that have to do with currency wars? Well, thats the name of the book we couldnt put down at the time - Currency Wars by James Rickards. So if you ...
  6 days ago

• Gold Futures Reach Their Record High

  
  Live Wire - Financial Information and market forecasts focusing on stock markets, gold and oil. — Authority: 409
  Gold futures reached their highest level since November uncertainty over the Greece’s debt situation remained strong among investors. Gold futures contract for April delivery gained 0.6 percent or $9.80 to settle at $1,759.30 per ounce on Comex division of the New York Mercantile Exchange. The respective contract ...
  6 days ago

• Gold (GLD) and Silver (SLV) Decline After Unemployment Report

  
  Wall St. Cheat Sheet — Authority: 579
  On Friday, gold  ( NYSEARCA:GLD ) futures for April delivery declined $19 to settle at $1,740.30 per ounce, while silver  ( NYSEARCA:SLV ) futures fell 43 cents to close at $33.75. The U.S. dollar ( NYSE:UUP ) climbed higher early Friday as positive economic data was released.  The Institute for Supply ...
  6 days ago

• Dions Friday ETF Winners and Losers

  
  TheStreet.com — Authority: 594
  NEW YORK (TheStreet) -- Welcome to Don Dions "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing. Winners iShares Dow Jones U.S. Home Construction Index Fund 4.7% The homebuilders are reveling in the markets strength, pushing funds like ITB and the SPDR ...
  6 days ago

• When To Buy Silver ?

  
  Wealthymatters — Authority: 104
  If you are like me, the contents of the table here http://wealthymatters.com/2012/02/01/heart-stopping-silver-price-movements/  should be unsettling.But at the same time it shows how much money could be made in silver in relatively shorter periods and in a pretty passive way too.So the key to making some money from ...
  6 days ago

• It’s Friday…Do you know how to find winning trades today?

  
  MarketClub Trader's Blog — Authority: 115
  Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 3rd of February. How do you find winning trades on Friday? Use “The 52-week new highs on Friday rule”! Here are the three rules you need to trade: Rule # 1: When a market closes at or [...]
  6 days ago

• It’s Friday…Do you know how to find winning trades today?

  
  Stock Market News & Stocks to Watch from StraightStocks — Authority: 152
  Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 3rd of February. How do you find winning trades on Friday? Use “The 52-week new highs on Friday rule”! Here are the...
  6 days ago

• It’s Friday…Do you know how to find winning trades today?

  
  Stock Market News & Stocks to Watch from StraightStocks — Authority: 152
  Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 3rd of February. How do you find winning trades on Friday? Use “The 52-week new highs on Friday rule”! Here are the...
  6 days ago

• Gold Prices Sink After Spike in January Jobs (Update 1)

  
  TheStreet.com — Authority: 594
  NEW YORK (TheStreet ) -- Gold prices were losing steam Friday after the U.S. reported a positive January jobs report. Gold for February delivery was down $12.80 to $1,746.50 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,765.90 and as low as $1,735.50, ...
  6 days ago

• Gold Generally Is Present Day Most Beneficial Investment Decision Strategies

  
  Small Dog Training — Authority: 139
  People appeared to be from their own neverending pursuit of money nowadays — through wondering how to earn money on the internet as to the is the best expense that you could start with. Indeed, an additional source of income or some good moneymaking opportunities can definitely make a difference. If you value ...
  6 days ago

• Stock Market Trading – 20120203

  
  Penny Stock Prophet Success — Authority: 119
  [...]
  6 days ago

• In response to Floyd Norris’ defense of the virtues of unitary executives managing capitalism

  
  The Big Picture — Authority: 686
  Mr. Norris: It so happens our friend, Thane Rosenbaum, interviewed Larry Summers last night at the 92nd Street Y in New York. When asked about a gold standard, Summers recoiled and shrieked “a gold standard is the creationism of economics!” The crowd got a big chuckle out of that. So you seem to be in popular ...
  6 days ago

• Investing in Alternative Assets

  
  Investment U — Authority: 418
  Rarely have Americans faced a more challenging investment landscape. Bonds yield next to nothing. Money markets pay literally nothing. Residential real estate is swamped in a flood of short sales and foreclosures. Gold – after climbing six-fold over the last 12 years – may have topped out. And stocks are ...
  6 days ago

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