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.

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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”

 

• Another roller coaster week for gold

  
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  Decent increase of long positions, and a much smaller increase of short positions in gold Standard and Poor’s has downgraded five Spanish Banks, but Santander and BBVA have been left unchanged. Spanish Bank Bankia has asked for a capital injection of 19 billion Euros. The Spanish region of Catalonia needs to ...
  2 days ago

• Guest Post: The Big Print Is Coming

  
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  Submitted by Mike Krieger of Libertyblitzkrieg The Big Print Is Coming We are discreet sheep; we wait to see how the drove is going, and then go with the drove. (Read more…) We have two opinions: one private, which we are afraid to express; and another one – the one we use – which we [...]
  4 days ago

• Guest Post: The Big Print Is Coming

  
  — Authority:
  Submitted by Mike Krieger of Libertyblitzkrieg The Big Print Is Coming We are discreet sheep; we wait to see how the drove is going, and then go with the drove. We have two opinions: one private, which we are afraid to express; and another one – the one we use – which we force ourselves to wear to ...
  4 days ago

• Gold and Silver Climb Higher, Euro Sinks to New Lows

  
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  On Thursday, gold ( NYSEARCA:GLD ) futures for June delivery increased $9.10 to settle at $1,557.50 per ounce, while silver ( NYSEARCA:SLV ) futures gained 64 cents to close at $28.16. Both precious metals traded like true safe-havens, despite the U.S. dollar index climbing  to as high as 82.36, its highest ...
  4 days ago

• Daily Precious Metals Roundup: Big Drop For US Silver Price

  
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  With a decline of 3.9 percent to $27.29 per ounce on May 23, 2012, US silver recorded the biggest price shift of the day. At JPY 704.00 ($8.81) per 10 grams, Japanese silver fell 2.5 percent yesterday. Chinese silver prices saw a 1.5 percent decline to CNY 5,880 ($930) per kilogram. Indian silver ended the [...]
  4 days ago

• Daily Update: Stocks are showing a lack of direction

  
  MarketClub Trader's Blog — Authority: 122
  Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 24th of May. While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week. DailyXchange Post and prosper with other MarketClub members everyday. ...
  4 days ago

• Executives Send Buy Signals on These 4 Stocks

  
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  NEW YORK (TheStreet) -- The stock market and commodities seem to be in a state of confusion right now. Theres a distinctive feeling of impending doom in the air, which is just what we need to find a bottom. That bottom may not be far away. The daily trading volume of the stocks I follow and the companies that ...
  4 days ago

• Doug Casey: Notes from the Front Line on International Travel

  
  Gold Silver Worlds — Authority: 122
  By Doug Casey, Casey Research In an excerpt from his presentation at the Casey Research Recovery Reality Check Summit, legendary contrarian speculator Doug Casey remarks on the farcical aspects of international air travel. You can hear Doug’s complete speech, along with all the other presentations given at ...
  5 days ago

• Gold and Silver Miners Ignore Euro Weakness

  
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  On Wednesday, gold ( NYSEARCA:GLD ) futures for June delivery dropped $28.20 to settle at $1,548.40 per ounce, while silver ( NYSEARCA:SLV ) futures fell 66 cents to close at $27.52. Precious metals and equities declined across the board as the euro plummeted to its lowest level in nearly two years today. The ...
  5 days ago

• Daily Precious Metals Roundup: Japanese Palladium Rises

  
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  Closing at JPY 1,569 ($19) per gram on the May 22, 2012, Japanese palladium bar rose 1.4 percent to finish as the day’s biggest mover. Chinese palladium bar finished the day up 0.3 percent to CNY 147.00 ($23.25) per gram. Following two days of rising prices, the price of US palladium bar dropped 0.2 percent [...]
  5 days ago

• Daily Video Update: European worries cause steep losses

  
  MarketClub Trader's Blog — Authority: 122
  Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 23rd of May. While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week. DailyXchange Post and prosper with other MarketClub members everyday. ...
  5 days ago

• Harry Dent: Understanding Demographics Is Vital to Success

  
  Gold Silver Worlds — Authority: 122
  In this segment from one of his talks at the Casey Research Recovery Reality Check Summit, economics expert and author Harry Dent explains how shifting demographic trends lead to economic cycles and why the current US federal government is so afraid of deflation. Harry’s complete presentation – as well as the ...
  5 days ago

• Gold Bubble? Demand Data Continues To Show No Bubble

  
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  Gold’s London AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce. Yesterdays AM fix this morning was USD 1,575.75, EUR 1,233.95, and GBP 998.76 per ounce. Gold fell $26.20 or 1.64% in New York yesterday and closed at $1,566.80/oz. Gold fell in Asia and those falls continued in Europe ...
  5 days ago

• Gold, the Precious Metal for Investment

  
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  Gold is one of the precious metals which are found in our everyday lives. As you know, women often wear gold jewelry. They believe that it will make them look more attractive. In addition, gold is a symbol of social status in society. Many people use gold to show their wealth. Gold is also beginning to be used as the ...
  5 days ago

• Gold Is Popular; Why?

  
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  Have you ever wondered why gold is so popular? For most men it’s just a metal that’s shiny and yellow and thus it’s value isn’t fully understood. For women it’s because of its shininess and its popularity with other women. But for gold investors it takes on a much different meaning, and that meaning ...
  5 days ago

• Mine Strike May Push Platinum Higher

  
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  Tim Harvey, Sr. VP at ETF Securities, says a strike at a South African mine could boost platinum prices.
  5 days ago

• Silver ETFs: Not Shining in 2012

  
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  Physically-backed silver exchange traded funds have given back most of the gains made in 2011, and have been negative most of 2012. As many major governments have taken value from currencies, a precious metals fund can still give a portfolio protection.“Unlike equities or bonds, commodities...
  5 days ago

• Picking No-Hassle Systems Of Prices of Silver Today

  
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  Most average investors in the US prefer trading with silver metals even more than whichever other piece due to several reasons. For starters, these representative prices of silver components are quite cost effective and the potential trader can be able to buy ounces or even kilograms of silver at prices way below that ...
  5 days ago

• How To Buy High Quality Gold, Silver, And Platinum Coins?

  
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  If you are looking for qualified information on gold, silver, and platinum coins, the US Money Reserve is the best place to find all answers to your questions. This is not just because the institution has helped thousands of customers across the world to reap the advantages of fairness and professionalism, but ...
  5 days ago

• China Buys Gold…No Matter Who’s Selling

  
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  … Someone is selling in size…Someone is buying in size. That’s what makes markets, as the saying goes. But that’s also what makes market manipulations… The seller in this case is very large and very sloppy, perhaps intentionally so. The buyer is also very large, but very patient and methodical. Trapped ...
  5 days ago

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