Category: Silver Bullion
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Silver Bullion: The Next Big Investment Opportunity
Silver Bullion: The Emerging Investment Frontier Investors often ponder the age-old conundrum: gold or silver? The debate surrounding these precious metals continues to intrigue, with each offering unique investment prospects. Delving into the realm of silver bullion presents a fascinating exploration of potential gains and risks that merit consideration. Historically, silver has played a pivotal…
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Man Arrested in Wee Jasper for Million-Dollar Silver Bullion Heist
A man has been apprehended in Wee Jasper in connection with an alleged silver bullion theft amounting to $1 million in 2021. The accused, Maclean John Fittler, faced charges of larceny and armed intent to commit an indictable offense at Goulburn Local Court and was denied bail. The incident involved the disappearance of 960 kg…
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Perth Mint Unveils Next Gen Silver Bullion Coins Featuring Emu
Perth Mint in Australia has recently introduced the latest addition to its Next Generation series of silver bullion coins, showcasing the flightless Emu. This series, initiated in 2018, focuses on emblematic Australian wildlife, emphasizing parent-offspring relationships. The 2024 release highlights the Emu, a significant bird indigenous to Australia, recognized for its soft brown feathers, long…
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Court Case Unveils $1M Silver Bullion Heist: Man Faces Charges
In a recent development, a court case has been initiated against an individual in connection with a significant silver bullion theft amounting to $1 million. The incident dates back to 2021 when a truck transporting 960kg of silver bullion from Maldon to Melbourne was targeted. The consignment, comprising 192 5kg bars of silver bullion, was…
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Silver Surges Above $33.10, Breaking Three-Day Losing Streak
Silver prices surged above $33.10 per ounce, breaking a three-day losing streak, driven by heightened safe-haven demand amidst geopolitical tensions and economic uncertainties in the US. The market saw a rebound as investors closely monitored efforts to resolve the Russia-Ukraine conflict and escalating conflicts in the Middle East, such as the recent Israeli airstrikes on…
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Errawarra Resources Acquires High-Grade Elizabeth Hill Silver Project in WA
Errawarra Resources, an ASX-listed exploration company, has recently made a significant acquisition by obtaining 70% ownership of the Elizabeth Hill silver project located in Western Australia. This acquisition marks a pivotal moment for Errawarra Resources as it ventures into the high-grade silver sector. The Elizabeth Hill project, which had previously yielded 1.2 million ounces of…
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Silver Outshines Gold: Surging 17% as Bullion Hits Record
Silver has emerged as a shining star in the commodities market, outperforming gold significantly. While gold captured attention by reaching a record high of $US3000 per ounce, silver quietly surged past its counterpart, marking a 17% increase to reach $US34 per ounce. This surge positions silver as a strong contender for the breakout trade of…
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Silver’s Global Demand Wanes as Gold’s Safe-Haven Appeal Surges
Silver’s Global Demand Wanes as Gold’s Safe-Haven Appeal Surges Amid escalating concerns of an impending economic downturn, the allure of gold as a safe-haven asset intensifies, contrasting sharply with the dwindling global appetite for silver coins. The current economic landscape, fraught with recession fears, has propelled investors towards the perceived stability of gold, leading to…
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Silver Prices Surge: Hits $34.08 Per Ounce, Up 0.65%
Silver Prices Surge, Reaching $34.08 Per Ounce, Up 0.65% Silver prices experienced a notable upswing on March 18, as reported by FXStreet data. The current price of silver stands at $34.08 per troy ounce, reflecting a 0.65% increase from the previous day’s price of $33.86. This surge indicates a substantial rise of 17.95% since the…
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Silver Surges: Safe-Haven Demand and Solar Panels Drive Price Spike
The surge in silver prices has caught the attention of investors worldwide, with its value skyrocketing in recent times. Often dubbed as the “new gold,” silver has witnessed a remarkable price increase of nearly 60% in dollars since the beginning of 2023. This surge has outpaced major stock indices like America’s S&P 500, marking a…