Tag: silver bullion
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Silver Prices Surge, Sparking Interest in Australian Mining Ventures
Silver prices are on the rise, with forecasts predicting a significant increase in the coming years. The surge in interest has led to several new players listing on the ASX, drawn by the potential profitability of the precious metal. Silver’s versatility, from industrial applications to its role as a traditional store of value, has captured…
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Silver Emerges as Strong Contender Amid Surging Prices and Growing Popularity
As gold prices soared past the $3000 mark, investors swiftly turned their attention to silver, which has been quietly outperforming its more illustrious counterpart. While gold grabbed the headlines with a 15% surge to a record $3039 per ounce, silver made its mark by jumping 17% to $34 per ounce this year. IFKM 36 PCS…
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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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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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Perth Mint Unveils Colorful Wombat Silver Bullion Coin Collection
Perth Mint, a renowned Australian institution, has recently introduced a captivating collection of silver bullion coins featuring the charming wombat family. These unique coins showcase vibrant colors and intricate designs, making them a delightful addition to any collector’s portfolio. The wombat, a beloved symbol of Australian wildlife, takes center stage on the reverse side of…
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Man Arrested in Wee Jasper Over Million-Dollar Silver Bullion Heist
A man has been apprehended in Wee Jasper concerning the purported theft of silver bullion worth a million dollars in 2021. Maclean John Fittler, aged 40, was taken into custody at a property in Wee Jasper and was subsequently denied bail during his court appearance at Goulburn Local Court. He faces charges related to larceny…
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Silver Hits Decades-High Price Surge, Investors Eye Future Potential
Silver bullion has recently experienced a significant surge in price, reaching levels not seen in decades. This surge has caught the attention of investors who are now closely monitoring the future potential of silver as an investment. Similar to gold, silver is being viewed as a safe-haven asset, attracting investors despite its inherent volatility. Investors…
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Man Faces Court for $1M Silver Bullion Heist
In a significant development, a court case unfolds today involving a man accused of orchestrating a daring theft of silver bullion valued at $1 million back in 2021. The alleged heist, which targeted a truck transporting 960kg of silver bullion from Maldon to Melbourne, Victoria, was brought to light upon the truck’s arrival in Melbourne.…