Author: Bullion Index
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The Perth Mint Appointed as Key Player in Silver Bullion Market
The Perth Mint has recently been appointed as a significant player in the silver bullion market. This prestigious selection positions the mint as the official gold and silver referee at the largest over-the-counter trading market globally. This move underscores the Mint’s growing influence and expertise in the precious metals industry. Established in 1899, The Perth…
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Golden Opportunity: 3 ASX ETFs for Bullion Investors
Investing in gold has become a compelling option for many investors, particularly with the surge in gold prices and the performance of gold exchange-traded funds (ETFs) on the Australian Securities Exchange (ASX). The value of gold has experienced a remarkable increase over the past couple of years, with the price of an ounce of gold…
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Palladium Bullion Sees Record Bearish Betting and Short-Squeeze Spike
Palladium bullion experienced a significant shift in market dynamics, marked by a surge in bearish speculation and a subsequent short-squeeze rally that drove prices up by nearly one-fifth. Data from Nymex futures and options revealed a new record in bearish bets against palladium, coinciding with a sharp price increase to $940 per Troy ounce, although…
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Man Arrested for Selling Fake Gold Bars
A man was apprehended for purportedly vending counterfeit gold bars as copper bullion near a service station on the Sunshine Coast in Queensland. The individual, a 33-year-old from Hornsby, New South Wales, was taken into custody after allegedly duping buyers with gold-plated copper bars. The arrest transpired at a Glass House Mountains service station following…
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Rhodium Bullion: Rare Metal Soaring Higher Than Gold Prices
Rhodium Bullion, a Rare Metal Soaring Higher Than Gold Prices When discussions turn to precious metals, the spotlight often shines on gold, silver, and platinum. However, there exists a lesser-known yet equally precious metal – rhodium. Belonging to the platinum group of metals alongside ruthenium, palladium, osmium, and iridium, rhodium boasts unique properties that set…
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Platinum Bullion Demand Surges in 2025, Analysts Predict Tightening Market
In 2025, analysts are predicting a surge in demand for platinum bullion, signaling a tightening market ahead. Alongside gold and silver, platinum is expected to experience significant gains, attracting attention from investors and experts alike. Gold, a perennial favorite among investors, is set to maintain its upward trajectory in 2025. Analysts from UBS and Bank…
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Silver Bullion Prices Surge: ASX Listings and Potential Reassessments Ahead
Silver bullion prices are experiencing a significant surge, with projections indicating a potential rise from $30 to $100 per ounce in the near future. This surge in silver prices has attracted new entrants to the Australian Securities Exchange (ASX), reflecting the growing interest in this precious metal. The diverse applications of silver in various industries,…
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Running By Leads Field in 2024 VOBIS Gold Bullion Race
Running By emerged as the frontrunner in the VOBIS Gold Bullion race set to take place in 2024. The event, scheduled for Saturday, 21st December 2024 at Pakenham racecourse, will witness a competitive field vying for victory over a distance of 1400m at 3:05pm AEDT. Among the contenders are Umgawa trained by Leon & Troy…
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Palladium Bullion Orders Open: 2025 Collection Launches Jan. 6
Palladium Bullion Orders Open: 2025 Collection Launches Jan. 6 As the new year unfolds, the United States Mint has set the stage for the commencement of bullion ordering for 2025 starting on January 6. This marks the initiation of transactions for the 2025 American Eagle gold and silver bullion program coins, along with the American…
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Rhodium Emerges as New Precious Metal Investment Option
Rhodium, a member of the platinum group metals, has emerged as a new investment opportunity in the precious metals market. Traditionally overshadowed by metals like gold and silver, rhodium is now being presented as a viable option for investors looking to diversify their portfolios. Baird & Co. and PAMP Suisse are leading the way by…