Author: Bullion Index
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Gold Surges to Record Highs Above $3300 Amid Dollar Decline
Gold prices soared to new all-time highs, surpassing $3300 per Troy ounce in London’s bullion market, driven by a weakening Dollar and escalating US-China trade tensions. The Dollar’s decline and global stock market volatility coincided with gold’s 8.5% surge in a week, marking a 22.0% increase since Donald Trump’s second inauguration. CHOW SANG SANG 999.9…
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Rhodium’s Scarcity and Investment Challenges Amid Auto Industry Demand
Rhodium, a rare and valuable metal, plays a crucial role in various industries, particularly the global auto sector. As part of the platinum group metals, rhodium is essential for catalytic converters in automobiles, converting harmful gases into less toxic substances. With over 80% of rhodium demand stemming from autocatalyst manufacturing, the metal’s scarcity and limited…
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Gold and Silver Shine as Platinum and Palladium Face Challenges in 2025
Precious metals play a crucial role in the global economy, with gold, silver, platinum, and palladium being among the most sought-after assets. While gold and silver are known for their financial applications, platinum and palladium are valued for their industrial uses. The trading of these metals takes place on various exchanges, such as the Chicago…
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Isle of Man Treasury Reveals 2025 Angel and Noble Gold Coins
The Isle of Man Treasury has recently unveiled their 2025 Angel and Noble Gold and Silver Proof Coins. These coins feature revived designs of St. Michael and a Viking ship, paying homage to the rich heritage of the Isle of Man. The range includes various sizes of gold and silver coins produced by the Tower…
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Rhodium Emerges as Undervalued Investment Opportunity Amid Growing Demand
Gold, silver, platinum, and palladium are well-known precious metals, but there is a fifth one that often flies under the radar: rhodium. Trading at a mere fraction of its peak value a few years ago, rhodium’s current price sits at $680.00 per ounce, presenting a unique investment opportunity. While gold and silver have seen steady…
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Gold Exempt from Tariffs, Relief for Bullion Industry Expected
The White House recently announced exemptions from reciprocal tariffs, providing relief to the numismatic and bullion industry. Gold has been explicitly spared from these duties, while silver, platinum, and palladium are expected to be included, pending further confirmation. The National Coin & Bullion Association is closely monitoring these developments. In an official fact sheet released…
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Gold and Copper Prices Surge Despite Challenges, Offering Investment Opportunities
Spot gold has shown a strong performance despite facing headwinds like a strong US dollar and positive real yields. Factors such as central bank buying and geopolitical tensions have been driving demand for gold. The metal’s price surge began in October, fueled by market sentiment predicting rate cuts by the Fed. Why Gold? Why Now?:…