Monday, August 3rd 02:35 PM

Production of gold advanced by 8.1% to 8,338 kilograms in May from 7,712 kilograms recorded in May last year...Continue

Silver Institute sees uptick in Silver demand in H1 2015

  • The U.S. is the largest importer of silver jewellery, as measured in dollar terms, and this demand impacts silver trade across Asia.

How to obtain Silver coins and rounds in short supply

  • Some bullion investors are wondering if it is go time now. The events in Greece, the stock market sell-off in China, and silver prices falling to near $15/oz spiked demand for manufactured rounds, coins, and bars.

Turkey Silver imports decline 55.84% Y/Y in June

  • Silver imports during the period from January to June totalled 180.19 tons, recording a significant increase of 76.9% from the import of 101.85 tons in the corresponding period last year.

Gold and Silver spot prices increasingly detached from reality

  • The link between the spot price and physical demand is thin at best. That is why the base price for gold coins in an Athens coin shop can get cheaper, but the all-in cost of buying the coins goes up as the line of buyers grows.

Peru's Silver production falls 14.47% Y/Y in May

  • Peru, the largest silver miner after Mexico, produced 290644 kilograms of silver in May 2015, down 14.47% as against the production of 339796 kilograms in May 2014.

Mexico Silver production up 2.1% Y/Y in April: INEGI

  • Production of gold during the month was totalled 8,035 kilograms, advanced 4% as compared to the production of 7,726 kilograms in the same month last year.

China's Jewellery sales up 10.7% in May

  • Total sales from January to May period this year totalled RMB130.8 billion ($21 billion), rose 6% from the corresponding period last year.

The forgotten history (and potential future) of Silver as money

  • In an era of runaway government debt levels, zero-to-negative interest rates, and systemic risks in the artificially propped-up banking system, the case for a new monetary order based on a gold-silver standard is as strong as ever.

US Silver output rises to 103000 kg in Mar: USGS

  • Based on unrounded data, the average daily silver production in March was 3,320 kg, compared with 3,380 kg in February and 3,190 kg for full year 2014.
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