Markets

Palladium Is The New Platinum

[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.
Palladium Is The New Platinum
Markets

Silver Is Surging And Miners Are Soaring

[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.
Silver Is Surging And Miners Are Soaring
Markets

Gold Hits $1745, Copper Jumps 6%, Mining Stocks Rally

[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.
Gold Hits $1745, Copper Jumps 6%, Mining Stocks Rally
Markets

GOSSIP: Today’s Wall Street Buzz in 60 Seconds

[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.
GOSSIP: Today’s Wall Street Buzz in 60 Seconds
Markets

Don’t Miss The Rally In Metals Prices

[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 […]
Don’t Miss The Rally In Metals Prices
Markets

This Is How The GLTR ETF Allows You To Redeem Cash For Gold

[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 […]
This Is How The GLTR ETF Allows You To Redeem Cash For Gold