Latest Precious metals Stories

Peter Suciu for redOrbit.com – Your Universe Online For centuries prospectors have sought out new sources of precious minerals, including diamonds and other gems. But the greatest search throughout history has been for gold. The non-corrosive metal was what drew explorers, adventurers and treasure seekers to travel vast distances in hostile and uncharted lands. And yet the gold mines of the future won’t be so hard to find, because these will likely be the massive rubbish heaps that...

HOLLYWOOD, Fla., July 2, 2012 /PRNewswire-iReach/ -- Historically, silver has a mirroring relationship to gold that is seen by its value ratio. Right now that value ratio is extremely distorted, with today's ratio being around 57oz. of silver to 1oz. of gold. For comparison, in 2011 it was around a ratio of 20 to 1. The current value ratio gap between gold and silver is actually far from normal, which means it will naturally correct itself as history has proven time and time...

HOLLYWOOD, Fla., June 25, 2012 /PRNewswire-iReach/ -- Stephen M Smith who is the managing member at Smith McKenna, LLC has been keeping an eye on the current price of silver. Smith has devoted his life to the precious metals market for over two decades and expresses now as the perfect time to invest in silver. With silver currently at a rough spot price of $28/oz. it makes the barriers to entry significantly lower than they have been in the recent past. As a precious metal...

NEW YORK, June 20, 2012 /PRNewswire/ -- Gold Bullion International (GBI), a leading provider of precious metals, today announced that it has established vaulting capacity near Melbourne, Australia, the company's first vault in the Asia-Pacific region. The company currently has existing vaults in New York, Salt Lake City, Zurich and London. "The demand for physical ownership and storage of precious metals in the Asia-Pacific region, and specifically Australia,...

HOLLYWOOD, Fla., June 18, 2012 /PRNewswire-iReach/ -- Stephen M Smith who is the managing member at Smith McKenna, LLC has been following silver for decades. He argues that a silver investment is actually a better choice for investors over gold right now, for the very reason that some choose to ignore it. Silver has very large ties to industrial uses and is heavily influenced by supply and demand. Because of this and the constant advancements for its applications, investing in...

TORONTO, June 12, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX: DM.U) will be issuing a press release at 6:30am EST June 13, 2012 related to a new draft NI 43-101 Technical Report on the consolidated mineral resources for the Twin Metals Minnesota Project in Northeastern Minnesota prepared by AMEC E&C Services Inc. An analyst/investor conference call has been scheduled for June 13, 2012 at 10:00am EST with contact details contained in the press...

A new study by University of Kentucky researchers shows how light and strained ruthenium-based drugs may be more effective at fighting cancer cells and less toxic to healthy cells than a similar and widely used drug. Cisplatin is a common platinum-based cancer drug. But while cisplatin kills cancer cells, it also attacks healthy cells, causing debilitating side effects. Ruthenium is a rare transition metal also belonging to the platinum group of the periodic table, and the UK researchers...

LOS ANGELES, June 6, 2012 /PRNewswire/ -- Capital Gold Group, Inc. , one of America's leading providers of precious metals, including Pre-1933 gold and silver coins, Precious Metals IRAs, and bullion coins and bars, has announced the launch of its "Ready, SET, Go!" campaign designed to help educate investors about the advantages of building coin sets when protecting themselves with precious metals. "Set building is a proven strategy that increases the value of your investment,"...

EMERYVILLE, Calif., May 31, 2012 /PRNewswire/ -- Scientific Certification Systems (SCS) has awarded third-party certification to two companies, Hoover & Strong and United Precious Metal Refining, Inc., for their responsibly sourced gold and silver products. The "Certified Responsible Source" designation provides jewelers and their customers with an independent guarantee that precious metals have been obtained from recycled sources, that conflict metals have been avoided, and...

WUHAN, China, May 29, 2012 /PRNewswire-Asia/ --Kingold Jewelry, Inc. (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelry, ornaments and investment-oriented products, today announced that it has entered into a gold-processing agreement with Shenzhen TongXin Jewelry Ltd. ("Shenzhen TongXin"), a large Shenzhen-based wholesaler of jewelry products. Shenzhen TongXin is a leading integrated company in jewelry and precious metal...