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Precious Metals News

Waste & RecyclingMetals & SteelPrecious MetalsMining
Gold Price Forecast – Gold Continues to Look Supported

Gold Price Forecast – Gold Continues to Look Supported

And of course, an area where there’s probably a lot of options played.
The Gold Trade in Uganda Makes a Huge Comeback

The Gold Trade in Uganda Makes a Huge Comeback

The gold trade had been interrupted for almost a year, following the tax debacle that was later addressed.
Gold Holds Steady as Focus Turns to U.S. Economic Data

Gold Holds Steady as Focus Turns to U.S. Economic Data

The market will keep a tab on U.S. GDP data due on Thursday and the Personal Consumption Expenditures (PCE) print on Friday for more clues on the health of the economy and the timing of cuts.
Gold Prices are Dropping as Tensions Between Israel and Iran Calm

Gold Prices are Dropping as Tensions Between Israel and Iran Calm

The Israeli government’s offensive in Gaza has killed more than 34,00 people and created a humanitarian crisis.
Top Ten Gold Producing Nations in 2023

Top Ten Gold Producing Nations in 2023

The world’s third largest gold producing country in 2023 was Russia with a total production of 310 metric tons.
Gold Prices at a Crossroads: Indicators Signal Caution

Gold Prices at a Crossroads: Indicators Signal Caution

Currently, the market’s focus is on whether gold prices will uphold the support levels.
Aluminum Scrap Prices: Weekly Market Report- 19th April, 2024

Aluminum Scrap Prices: Weekly Market Report- 19th April, 2024

The LME Aluminum Cash Settlement contract edged higher marginally from $2,581.00 a day before to $2,600.00 per tonne.
Steel Scrap Prices: Weekly Market Report – 19th April, 2024

Steel Scrap Prices: Weekly Market Report – 19th April, 2024

The LME Steel Scrap CFR Turkey (Platts) Month 2 Closing price as on 18th April, 2024 stood at $388.50 per tonne.
Copper Scrap Prices: Weekly Market Report- 19th April, 2024

Copper Scrap Prices: Weekly Market Report- 19th April, 2024

The LME Copper Cash Settlement contract prices increased modestly from $9,434.00 a day before to $9,617.00 per tonne.
Gold Surges as Escalating Middle East Tensions Bolster Demand

Gold Surges as Escalating Middle East Tensions Bolster Demand

Higher interest rates reduce the appeal of holding non-yielding gold.
Swiss Gold Exports Posted Decline in March, Says Customs Data

Swiss Gold Exports Posted Decline in March, Says Customs Data

The exports to India recorded month-on-month as well as year-on-year decline.
Arrests Made in $14.5 Million Gold Heist, The Largest Ever in Canada

Arrests Made in $14.5 Million Gold Heist, The Largest Ever in Canada

Air Canada, in a statement to Reuters, said it had suspended one employee from the cargo division charged in the theft, while the other employee had left the airline before police announced the charges.
WGC: Chinese Gold Reserves Surged; Wholesale Demand Dropped

WGC: Chinese Gold Reserves Surged; Wholesale Demand Dropped

The Chinese central bank added 5 tonnes to its total gold holdings during the month. Gold now accounts for approximately 4.6% of the country’s total reserves.
Russia May Abolish Export Duty on Gold

Russia May Abolish Export Duty on Gold

Russia was in 2022 ranked as the world’s second biggest gold miner, after China and before Australia, according to the World Gold Council.

Scrap Metal Prices

Scrap Gold (Hallmarked)
14ct Gold Scrap1315.74$US/Oz
18ct Gold Scrap1686.85$US/Oz
22ct Gold Scrap2060.21$US/Oz
9ct Gold Scrap843.42$US/Oz
Scrap Gold (Non-Hallmarked)
14ct Gold Scrap1244.53$US/Oz
18ct Gold Scrap1595.55$US/Oz
22ct Gold Scrap1948.70$US/Oz
9ct Gold Scrap797.77$US/Oz

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