Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) experienced a significant rise month-over-month, shooting up 7.36%. The past month proved a whirlwind for the precious metal prices, with each metal reacting to shifting economic conditions and recent policy changes. Palladium: Market Uncertainty Takes Center Stage Palladium experienced a particularly volatile month. Prices
Revenue: US$607.0m (up 17% from FY 2023). Net income: US$243.2m (up 34% from FY 2023). Profit margin: 40% (up from 35% in FY 2023). The increase in margin was driven by higher revenue. EPS: US$1.35 (up from US$0.98 in FY 2023). Gold Copper Production: 13,459 t (13,856 t in FY 2023) Number of mines: 1
Gold stocks getty Gold’s been hitting new highs and a few gold and silver stocks have been running up to higher highs along with it. It’s hard to say with certainty what the reason is. Inflation concerns are the first thing that come to the mind of an analyst. Or, considering the strangeness in Washington,
The precious metals market is poised for extraordinary growth in 2025, making it a pivotal year for investors. The perfect storm of rising inflation, geopolitical instability, and increased industrial reliance on precious metals like gold and silver offers a unique opportunity. The projected Golden Year for Precious Metals for 2025 underscores the importance of working
Self-directed individual retirement accounts (IRAs) let you invest in almost anything out there that can be invested in. You’re not limited to standard investments such as stocks or bonds. You can invest in a wide variety of alternative assets that typically fall outside what most financial institutions are able to handle, including precious metals. As
Company Logo Dublin, Jan. 22, 2025 (GLOBE NEWSWIRE) — The “Metals & Mining Global Industry Guide 2019-2028” report has been added to ResearchAndMarkets.com’s offering. The global metals & mining industry recorded revenues of $3.50 trillion in 2023, representing a compound annual growth rate (CAGR) of 7.2% between 2018 and 2023. The production volume increased with
UAE: The UAE’s Ministry of Finance (MoF) recently announced a new VAT law for the country’s precious metals sector, where businesses supplying such goods will no longer need to charge or collect VAT. Meanwhile, the responsibility of calculating and declaring VAT will shift to buyers, according to a press release. CEO and Asset Manager at
Anjana Anil | Reuters S&P 500 posts best week since Trump’s election U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest weekly percentage gains since early November… and the Nasdaq registering its best week since early December. Gold prices jumped to a over two-month peak on Tuesday, supported by a
Gold climbed on Tuesday, trading not too far away from the record peak it hit in the last session, as concerns over rising geopolitical tensions, U.S. election uncertainties and prospects of central banks lowering interest rates boosted demand. Spot gold rose 0.5% to $2,732.06 per ounce by 1143 GMT and U.S. gold futures gained 0.3%
Popular investor Jim Rogers, 81, has challenged the notion that storing gold in lockers is a waste of capital, in an interview with NDTV Profits. The chairman of Beeland Interests and co-founder of Quantum Fund emphasised the psychological and financial security that precious metals can provide during economic downturns. When the interviewer suggested that keeping