Goldman Sachs Group Inc., Germany's BASF SE...
Palladium briefly hit $US900 a troy ounce on...
Below is an interview with Frank Holmes, chief...
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:Palladium.jpg”] Cars have these things called catalytic converters. 20 years ago, they were made of platinum. But since 1995 auto manufacturers have been shifting to palladium, mostly because it’s cheaper.And with auto sales on the rise, demand for palladium is robust.
[credit provider=”orbmiser via Flickr” url=”http://www.flickr.com/photos/orb9220/5791979242/”] Precious metals are rallying today, with silver surging nearly 4%, to $29.98 per troy ounce.February gold contracts are also up, gaining 1.5% to $1632 per ounce during open outcry on the CME.
[credit provider=”Milena Mihaylova via Flickr” url=”http://www.flickr.com/photos/minchki/2456765249/”] As equities post massive gains, precious metals are rallying alongside. February Gold contracts are up 1.9%, to $1745 per ounce.March copper added a tremendous 5.5%, to $3.56 per pound, while Silver is up 3.0% to $32.80 an ounce on the CME.
[credit provider=”Alliance Trust” url=”http://www.alliancetrust.co.uk/pressroom/imagelibrary.htm”] “Baywatch” star Pamela Anderson is a big supporter of the precious metal palladium.A Czech bank’s commercial is of a woman apparently having an orgasm.
[credit provider=”eBay” url=”http://cgi.ebay.com/1-LB-999-Copper-Bars-Bullion-Lot-US-Ingots-New-Silver-/180654020439?pt=LH_DefaultDomain_0&hash=item2a0fd19757″] Precious metals are rallying this afternoon with December deliverables of gold and silver trading up 2.3% and 4.2% to $1,674/oz and $32.295/oz, respectively.News that European leaders would come to a consensus on bank recapitalization and the European Financial Stability Facility by the end of October sent the Euro above […]
[credit provider=”AP”] A Citi trader is accused of using the thinking behind your average tax cheat to scam Citi out of $300,000.The craziest thing: any flow trader at any firm could do it – easily!
[credit provider=”AP”] The surge in precious metals in 2010 has resulted in rising demand from retail investors for paths into the market. ETF Securities may be supplying the solution, via a series of precious metal ETFs.Just how big is that demand? ETF Securities’ five products now hold more than $2.5 […]
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