Author: Bullion Index
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Greatland Gold Transforming with Havieron Gold-Copper Project Expansion
Greatland Gold has undergone a significant transformation with its expansion of the Havieron gold-copper project, marking a pivotal period for the company. Shaun Day, the managing director of Greatland Gold, characterized the first half of the 2024–25 financial year as a time of substantial progress. The company’s focus has been on advancing the Havieron project…
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Rhodium Market Value Set to Soar by 2033: Analysis & Forecast
The global market for rhodium is poised for substantial growth, with experts forecasting a significant increase in its market value by 2033. Rhodium, a rare and precious metal belonging to the platinum group, plays a crucial role in various industrial applications due to its exceptional corrosion resistance and high reflectivity. Its scarcity, coupled with the…
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Platinum Asset Management undergoes major leadership changes
Platinum Asset Management, a prominent investment firm, recently announced significant changes in its leadership team. Co-chief investment officers Andrew Clifford and Clay Smolinski are set to transition from their current roles within the company. Andrew Clifford, a seasoned professional with 31 years of experience at Platinum, including a stint as CEO, will be stepping down…
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Platinum Pulls Back Amid Profit-Taking in Precious Metals Market
Platinum, along with gold and silver, experienced a pullback in the precious metals market due to profit-taking activities. While gold remained range-bound between $2900 and $2930, silver faced pressure as the gold/silver ratio surpassed the 90 level. Platinum specifically retreated as traders opted to secure profits following a recent rebound. In the realm of precious…
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Roosters’ New Platinum Partner Reosteel: Reinforcing Success in NRL
The Sydney Roosters have recently forged a significant partnership with Reosteel, a reputable manufacturer specializing in reinforcing steel, as the latest addition to the club’s corporate alliance. This collaboration, spanning from 2025 to 2027 with a potential extension to 2028, marks Reosteel as the Platinum Partner for the Roosters’ NRL and NRLW programs. Established in…
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Silver Faces Pressure Near $32.70 Ahead of US NFP Data
Silver is currently facing pressure near the $32.70 mark as investors eagerly await the release of the US Nonfarm Payrolls (NFP) data for February. This crucial economic indicator is expected to have a significant impact on market sentiment regarding the Federal Reserve’s monetary policy stance. Positive employment figures could lead to speculation that the Fed…
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Silver Price Soaring: $250-$500 Possible, Expert Predicts
The silver market is abuzz with speculation as renowned expert Eric Sprott suggests a potential surge that could see silver prices skyrocket to the range of $250 to $500. This forecast has garnered significant attention, fueling discussions about a possible silver squeeze scenario. Historically, silver has been a precious metal highly valued for its industrial…
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Silver’s Surge: Safe-Haven Demand and Solar Power Boost Prices
Silver prices have been on a remarkable upward trajectory, outshining even gold as a lucrative investment option. Previously, being a gold enthusiast might have earned you some social distance, associated with doomsday preppers hoarding survival supplies. However, the narrative has shifted, painting gold bugs as savvy investors riding the wave of a precious metal boom.…
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Gold Coast’s Seawall Defends Against Ex-Cyclone Alfred’s Fury
The Gold Coast, known for its stunning beaches and vibrant city life, recently faced the looming threat of ex-Tropical Cyclone Alfred. This natural phenomenon, a remnant of a once-powerful cyclone, stirred concerns among locals and authorities. However, the Gold Coast had a hidden guardian in place – a seawall that has been a crucial defense…
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Gold Price Surges to Projected US$3250 Amid Economic Uncertainty
The gold market is experiencing a significant surge, with projections indicating a potential rise to US$3250 per ounce by the end of the year. VanEck’s Imaru Casanova, a portfolio manager specializing in gold and precious metals, anticipates this increase driven by central banks bolstering their gold reserves as a safeguard against geopolitical uncertainties. Traditionally, gold…