Newmont Mining Corporation report that the company plans to increase gold production to 5.1 – 5.2 million ounce this year

Newmont Mining Corporation (NMC) headquartered in Denver, US, announced in a report that the company plans to increase gold production to 5.1 – 5.2 million ounce this year. The production has reached 2.914 million ounce in the first half of 2011, resulting from mining site in North America, South America , Asia Pacific and Africa. The output is lower than the production in the same period last year, 3.173 million ounce.

In 2011, NMC set the target of gold production at 5.1 – 5.3 million ounce, of which some 1.980 – 2.100 million ounce are expected to come from mining sites in North America, 715,000 -775,000 ounce from mining sites in North America, 1.860 – 1.990 million ounce from mining sites in Asia Pacific and 560,000 – 590,000 ounce from mining sites Ahafo and Akyem in Africa.

The price of gold is predicted to reach US$1,800 per troy ounce and potential to reach US$2,000 per troy ounce

The price of gold is predicted to reach US$1,800 per troy ounce and potential to reach US$2,000 per troy ounce in 12 months to come. The price once decreased when the country led by Barack Obama released data about the creation of 117,000 job opportunities and a 9.1% decrease in the jobless rate.

Global analysts disclosed that besides US economic crisis, debt issue in Europe also becomes a catalyst driving up the price of gold on the international market.

The highest record of US$ 1,702.70 per troy ounce at Comex, New York

The highest record of US$ 1,702.70 per troy ounce at Comex, New York. In Melbourne, Australia, the price of the same contract was US$1,701.90 per troy ounce. On the spot market, the price of gold increased by 2.2% to US$1,700.22 per troy ounce, which is also the first ever in the history.

Even though the price of gold has increased by 20% this year, the price hike may be higher than last year, 30%, if the US economy does not recover fully.

The worry about the US debt crisis and global economic downturn has driven the price of the precious metal. Gold is any of the safest investment instruments chosen by investors. When they are pessimistic or worrying about economic condition and currency, gold is any of the safest choices.

Gold recorded a more significant increase in the price in the first six months of 2011

Gold recorded a more significant increase in the price in the first six months of 2011, compared to other minerals. Analysts predicted that the price of the commodity would be corrected late 2011. In fact, early August, gold carved again another history with the highest price hike. Would the commodity continue to record price hike significantly or decrease? The condition in the United States is highly decisive

In the January – June 2011 period, the price of gold rose by six percent and was closed at a level of US$1,500/troy ounce late June 2011. In the second quarter of 2011, the price of the precious metal increased by five percent.

Copper Issue 2011-2012

Copper Issue 2011-2012, ICSG predicts that global smooth copper production would increase by 380,000 tons this year from 2010 when the deficit was 250,000 tons. The rising production is driven by the high price of copper and growing demand from end-users. It is also driven by the demand from industry, which continues to grow in 2011.

At the event attended by copper producers and users, the production of copper is expected to grow six percent in 2011, compared to 4.3% in 2010.

However, the forum is also realistic so that the target of the production is revised again in view of global uncertainties. ICSG observes factors so that the target needs revision. Among them are earthquake and Tsunami in Japan, political uncertainties in the Middle East and Africa, changes in financial policies and uncertain copper market dominated by China.

The International Copper Study Group predicts that copper increase

The International Copper Study Group (ICSG) predicts that copper production would increase slightly in 2011. Disaster in Japan, financial policy and political disturbance causes copper production to not increase significantly. In addition, the price remains flat, not down or up significantly. From September 2011 to January 2012, the price of copper at London Metal Exchange (LME) ranges from US$8,813.75 to 8,837.00 per ton.

In a report July 2011, ICSG disclosed that the market of smooth copper up to April 2011, reflected a production deficit up to 36,000 metric ton even though the smooth and ready-to-use copper, based on seasonal calculation, showed a surplus of 46,000 metric tons.

In the first four months of 2011, according to data presented by ICSG, copper consumption grew by 1.2% from the same period last year when the consumption decreased by seven percent because consumption in the world’s largest copper consumer, China, decreased by 40%.

Gold Ore Production Freeport Papua Indonesia Remaining 5 Percent

Gold Ore Production Freeport Papua Indonesia Remaining 5 Percent.From the average gold ore production of 230 thousand tons per day, current production is only achieved five percent or about 11,500 tons per day. As a result of reduced production of these countries also participate losers.

PT Newmont Nusa Tenggara Indonesia

PT Newmont Nusa Tenggara Indonesia reportedly denying the re-negotiation, just agreed part of the clauses recommended by the government. Some 18 other companies shared of the same stance as Newmont. Among them are leading names, such as PT International Nickel Indonesia Tbk (INCO) and PT Nusa Halmahera Minerals, besides the company just rescued by Presidential Regulation regarding Underground Mining, PT Dairi Prima Mineral, while the companies agreeing the whole clauses are only eleven.

Osmium

Osmium is a group metals with the symbol Os and atomic number 76.Osmium was first discovered in 1803 by Smithson Tennant in the residue left when crude platinum was dissolved by aqua regia (a mixture of hydrochloric acid and nitric acid). Application of Osmium is Osmium alloys such as osmiridium are very hard and, along with other platinum group metals, are used in the tips of fountain pens, instrument pivots, and electrical contacts, as they can resist wear from frequent operation.

Titanium

Titanium is a group metal with chemical symbol Ti and atomic number 22. Titanium is absolutely immune, application of titanium in Aerospace, Jet Engines, Airframes, Industrial Applications, Power Generation, Chemical Processing,Petroleum, Emerging Applications, Computer Industry, Automotive Industry, Geothermal Power ,Human Implants, Armour Applications.

Another very important characteristic of titanium that makes it indispensable in the aircraft industry is it’s nobility to composites. Composites are becoming increasingly important to aircraft structure due to their light weight and smooth aerodynamics. An aircraft, in a certain build configuration, needs a set amount of thrust and power to create enough lift to sustain flight. Weight and drag are the main obstacles that must be overcome. Any additional power can be used for performance, how fast it climbs or how fast it goes, or for payload, how much it can carry.

Palladium

Palladium is a group metal with symbol chemical Pd and an atomic number of 46. The big Palladium mining Company in South African is Palladium Mining Anglo Platinum.Application of palladium is Palladium used in electronics, dentistry, medicine, hydrogen purification, chemical applications, and groundwater treatment. Palladium plays a key role in the technology used for fuel cells, which combine hydrogen and oxygen to produce electricity, heat, and water.

Palladium Price per Ounce in USD on Nov 2011 is $600,and the more days the price of palladium will continue to rise because the industry needs a very high.The unique properties of palladium and other platinum group metals account for their widespread use. A quarter of all goods manufactured today either contain PGMs or have a significant part in their manufacturing process played by PGMs.

Gold rush discovery

Gold rush discovery - Gold Rush Alaska - Gold rush discovery follows 6 men who risk everything to strike it rich mining for gold in the wilds of Alaska Mining.See the full movie of how Todd, Jack and the other miners dreamed, planned and prepared for another season of gold mining in the far north. 

Gold rush in West African

Gold rush in West African cause growth for Geodrill.State current gold rush in West Africa is spurring growing demand for drilling services in the region, said Geodrill Ltd's Chief Executive David Harper on Friday.The small drilling services company, which listed in Canada barely a year ago, is in the process of dramatically expanding the size of its drill fleet to keep pace with the demand in the region.

Gold mining heavyweights like Newmont , Kinross and Iamgold all own major mines in the region and have invested billions of dollars to boost production in countries like Ghana, Mali and Mauritania.

Mutual Funds of Gold Investments

Mutual funds gold investment is an investment that is profitable at this time because of the Mutual Funds of Gold Investments makes gold prices continue to rise as the value of investments.We need to know is a gold mutual fund same as a gold stock, is considered a leveraged play on gold because the underlying mining companies have fixed costs and any increase in the price of gold can increase the percentage of profit quite dramatically. 

For example, suppose it costs a mining company $1000 to mine an OZ(ounce) of gold, when the price of gold is $1600, the profit is $600 but when the price goes up to $1900, the profit is $900--a 50% increase in profits caused by a 11% rise in the price of gold.

List Platinum Mines South Africa

List platinum mines south africa or Platinum Group Metal Mining Companies south africa that operation which operates by producing platinum in very large quantities in South Africa are as follows : 

ANGLO AMERICAN PLATINUM CORPORATION LIMITED
Registered Office: 55 Marshall Street
Johannesburg
PO Box 62179
Marshalltown, 2107
Telephone: +27 11 373 6111
Facsimile: +27 11 373 5111
E - mail: traymond@angloplat.com
Website: www.angloplatinum.com

AQUARIUS PLATINUM LIMITED
Registered Office: Clarendon House
2 Church Street
Hamilton
Bermuda
Telephone: +61 8 9367 5211
Facsimile: +61 8 9367 5233
E - mail: info@aquariusplatinum.com
Website: www.aquariusplatinum.com

BARPLATS INVESTMENTS LIMITED
Registered Office: 3rd Floor
Old Trafford 4
Isle of Houghton
Boundary Road
Houghton
Johannesburg
PO Box 61386
Marshalltown, 2107
Telephone: +27 11 481 3900
Facsimile: +27 11 484 0254
E - mail: investor@implats.co.za
Website: www.barplatsinvestments.co.za

IMPALA PLATINUM HOLDINGS LIMITED
Registered Office: 3rd Floor
Old Trafford 4
Isle of Houghton
Boundary Road
Houghton
Johannesburg
PO Box 61386
Marshalltown, 2107
Telephone: +27 11 481 3900
Facsimile: +27 11 484 0254
E - mail: investor@implats.co.za
Website: www.implats.co.za

LONMIN PLC
Registered Office: 4 Grosvenor Place
London
SW1X7YL
Telephone: +44 (0)20 7201 6000
Facsimile: +44 (0)20 7201 6100
E - mail: contact@lonmin.com
Website: www.lonmin.com

MESSINA LIMITED
Registered Office: Nantai Crescent
30 Jellicoe Avenue
Rosebank
Johannesburg
PO Box 2668
Saxonwold, 2132
Telephone: +27 11 442 6923
Facsimile: +27 11 442 6993
E - mail: mike.kritzinger@ser.co.za
Website: www.southernera.com

NORTHAM PLATINUM LIMITED
Registered Office: Kenilworth House
Rutherford Estate
1 Scott Street
Waverley
Johannesburg
PO Box 37160
Birnam, 2015
Telephone: +27 11 440 8811
Facsimile: +27 11 440 5944
E - mail: svanderspuy@corp.norplats.co.za
Website: www.northam.co.za

EVANDER OPERATIONS
Corporate Office: First Floor
4 The High Street
Melrose Arch
Johannesburg
Suite No. 1
Private Bag X1
Melrose Arch, 2076
Telephone: +27 11 684 0140
Facsimile: +27 11 684 0188
E - mail: corporate@harmony.co.za
Website: www.harmony.co.za

NKOMATI MINE
Registered Office: 56 Main Street
Johannesburg
PO Box 62379
Marshalltown, 2107
Telephone: +27 11 634 9111
Facsimile: +27 11 634 0383
E - mail: ebrahimt@avmin.co.za
Web site: www.avmin.co.za

PALABORA MINING COMPANY LIMITED
Registered Office: 1 Copper Road
Phalaborwa
PO Box 65
Phalaborwa, 1390
Telephone: +27 15 780 2929
Facsimile: +27 15 780 2934
E - mail: enquiries@palabora.co.za
Web site: www.palabora.com

Economic Benefits of Electronics Recycling

Economic Benefits of Electronics Recycling make Officials from the U.S. Environmental Protection Agency and the U.S. General Services Administration toured e-Green Management of Islip Terrace, New York to highlight.

This is due if federal government is the nation’s largest consumer of electronics and GSA can and will ensure that it becomes the most responsible user of these items. 

We must know every year, U.S Countries generate almost 2.5 million tons of used electronics, which are made from valuable resources such as precious metals and rare earth materials, as well as plastic and glass. From computers and cell phones, to portable communication and music devices, the U.S. is a global leader in designing and developing new and improved electronic technologies. The responsible management of electronics provides an opportunity to promote economic development and jobs by developing a strong domestic electronics recycling market while preventing pollution.

Gold Stock looks very attractive for change

Gold Stock looks very attractive for change becuse the gold prices rally in stock market since August. After becoming too hot in July and early August, fell $ 340 per ounce to a low of $ 1,592 at the end of September. In one brief period in September, it fell $ 214 per ounce in just four days. 

However, much of gold’s problem in August and September seems to have been the result not only of its overbought condition, but of the CME Group raising its margin requirements for holding gold contracts, by 22% in August, and another 21% in September. The higher margin requirements forced traders to either come up with more cash to hold their positions or cut back on holdings.

Timing the gold market

Timing the gold market today when th Venture Exchange had quite a correction from about 2,400 to 1,350 points. The juniors corrected much further than the senior and midtier golds. In September, the Venture Index was at its high from last year, about 1,750 points, a support level, and then there was a big sell-off in gold at the end of September as the gold price was knocked down about $300/oz with central bank Intervention. The index also took a quick, sharp drop on that sell-off in gold. That really hammered a bottom into that market, down to 1350. Since then, it’s rallied up a fair bit, but I’m still looking for about another 200 points. I’d like to see it get over 1,800 to be sure that it’s in a new bull move for the juniors. That would be a higher high, above the level where it fell from in September.

Central Bank Purchases of Gold

Central bank purchases of gold with government establishment by prices gold rally up more than six fold to 148.4 tonnes in the third quarter, the World Gold Council says.Central banks are on track to buy 450 tonnes of the precious metal this year, signalling about 100 tonnes will be bought in the 4 quarter, said Marcus Grubb, managing director of investment research at the council. The total for 2011 at 450 tonnes would be the most for any year since at least 1970, according to the latest available data from the council.

Gold increase to a record price at $US1921.15 an ounce in London

Gold increase to a record price at $US1921.15 an ounce in London on September 6 and is heading for an 11th consecutive annual increase.and Today The precious metal was trading at $US1724, on course for its biggest weekly fall in nearly two months as the US dollar rose and investors remained nervous about the euro-zone’s debt crisis. Prices gold averaged about $US1706 in the 3 quarter, up 39 per cent from a year earlier and 13 per cent higher than the second quarter.

Global demand for gold up to 6%

Global demand for gold up to 6% in the 3 quarter of the year, mainly due to an increased demand from investors looking to park their funds in safe heavens in the wake of the global economic uncertainties, according to a new report by the World Gold Council. The demand for gold in the quarter increase up to 1,053.9 metric tons compared to 991.1 tons in the same period of 2010, said World Gold Council in its latest Gold Demand Trends report. The investment demand rose in the third quarter to 468.1 tons, or $25.6 billion.

Gold Price Recovery

Gold price recovery on friday after a surprising 3% one-day sell off as the U.S. dollar became big pressure. Gold at December delivery was rising $7.60 to $1,727.80 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,733 and as low as $1,711.40, while the spot gold price was up $9, according to Kitco's gold index. Gold's strength was entirely due to the change in the U.S. dollar as physical demand was actually $4 lower, predict to Kitco's index. 

 "Gold prices is go to rallying if the situation is resolved and the European Central Bank prints money to assuage everybody. I think volatility is what we are going to be looking for the next several months or so but that after February gold has a bit of a problem."say Jon Nadler, senior analyst at Kitco.com.

Silver prices in 2012

Silver prices in 2012 will rally to $45 because today silver prices aveage $35.66 an ounce in 2011. this prediction by Silver Interim Report Media Advisory, released by GFMS Thomson Reuters.Prices for silver from January to November has averaged $35.70 representing a growth of 88% year-on-year basis. Silver prices continue to be driven by strong investment demand. Siver’s core fabrication demand (excluding coins) should rise next year, chiefly due to gains in industrial uses, it will nonetheless be exceeded by gains in mine production and recycling.

Gold Prices in 2012

Gold Prices in 2012 predicted to Exceed prices $2000/oz.Gold charges hit a new high previously mentioned $1600 on Monday Nov 2011 as a result of a potent cocktail of economic uncertainty, challenging US deficit ceiling negotiations, European Union sovereign financial debt considerations and the risk of contagion to the banking sector.

Taken singly, the US credit card debt ceiling impasse or the ongoing EU sovereign financial debt crisis would be enough to bring about a gold rally. But together, the impact on gold charges is even a lot more bullish, as traders become wary of USD and EUR property and seek out a secure haven in gold. Based mostly on this, we imagine the bullion rally is very likely to proceed till tangible progress is created on relieving at minimum one particular of the sovereign financial debt issues.

Central Rand Gold in Johanesburg South African

Central Rand Gold in Johanesburg South African make to produce 1,000oz Gold per month for rest of year, its gold output to average 1,000oz per month for the rest of the year after restarting mining activities at its operations in Johannesburg South African.The third quarter was a period of “mixed fortunes” for the South African operating gold miner. A month ago, the company was able to restart operations after a decision by the minister of mineral resources to suspend its mining rights was suspended.

Still, the cancellation, which took effect on September 27, has “severely impacted” the firm’s gold production.
Following the resumption of mining activities, 10,650 tonnes from surface and 2,697 tonnes from underground mining were delivered to the metallurgical plant and stockpile by mid-November.

Central Rand has managed to produce 4,928oz of gold during the quarter at an average cost of US$1,401 per ounce, taking the total production for the year to end October to 12,116 ounces.

Country Gold Reserves

Country gold reserves the largest in the world there are 10 Country gold reserves.Gold is very important to the economics of the world because of the currency throughout the world refers to the value of gold.countries in the world who has the biggest gold reserves there are only 10 countries.  

The following is a list of 10 Country Gold Reserves : 

1) United States (8,133.5 tonnes)
2) Germany (3,401.8 tonnes)
3) Italy (2,451.8 tonnes)
4) France (2,435.4 tonnes)
5) China (1,054.1 tonnes)
6) Switzerland (1,040.1 tonnes)
7) Russia (851.5 tonnes)
8) Japan (765.2 tonnes)
9) The Netherlands (612.5 tonnes)
10) India (557.7 tonnes)

Shanghai Gold Exchange

Shanghai Gold Exchange predict Shanghai Gold Exchange to raise silver forward margins it will raise margins on silver forwards to 18 percent from 15 percent from Monday if the silver contract hits its daily trade limit on settlement on Friday. The exchange said it would lift daily trade limits on silver forward contracts to 15 percent from 12 percent if the contract hits limit up or down on settlement on Friday.

Silver Coins Minting

Silver coin minting may up to 25% this year, taking the total to an all-time high silver coins minting in Thomson Reuters GFMS data series.Jewelry fabrication is expected to increase slightly this year, partly due to substitution-led gains at the expense of gold. Thomson Reuters GFMS anticipates further declines in jewelry fabrication silver demand next year.

Even though silver's core fabrication demand (excluding coins) should rise next year, largely due to gains in industrial consumption, "it will nonetheless be exceeded by gains in production and recycling." However the substantial silver market surplus should be absorbed by silver investors, Thomson Reuters GFMS suggested.
"Investor interest remains strong due to a favorable financial backdrop and in spite of two major sell-offs," Klapwijk observed. Meanwhile, he added, underlying secular growth in industrial demand continues, with much of this relatively price-insensitive, particularly in the short-run.

Total World Gold Demand

Total world gold demand as big as 6% in the third quarter from a year earlier to 1,053.9 tonnes. This calculation to roughly $57.7 billion — an all-time high in values term. Investment was the large driver for increased gold demand, while jewelry demand was soft.24/7 Wall St. reviewed the top 13 nations that hold the lion’s share of the world’s gold reserves, according to the World Gold Council’s International Financial Statistics. 

Many countries will have new gold reserve data in 2012. And some of the data remained unchanged from prior months. Our aim here is to show which nations are probably increasing or lowering their gold reserves into 2012 and why.

World Gold Demand

World gold demand is very high and during this Central Banks are contributing to world gold demand. The recent data from the World Gold Council showing even more changes among the nations holding the most in gold reserves. Those are also some of nations whose creditworthiness is now down question during the debt crisis in Europe. 24/7 Wall St. looked at the 13 nations with the highest gold reserves, as well as two institutions, to see how each might affect future gold demand.

While investment demand was the key driver to increased gold demand during the last quarter, it is central bank gold buying and selling that is going to be a key factor for demand ahead. The council projected that central bank demand is expected to continue as creditworthiness woes of western governments has come front and center. In fact, the council also cited many new central bank entrants have emerged as they move to diversify reserves. Further, the council sees this increased central bank activity trend continuing into 2012.

24/7 Wall St. reviewed the top 13 nations that hold the lion’s share of the world’s gold reserves, according to the World Gold Council’s International Financial Statistics. Of course, many nations will have new gold reserve data in 2012. And some of the data remained unchanged from prior months. Our aim here is to show which nations are probably increasing or lowering their gold reserves into 2012 and why.

Discovery Metals Limited

Discovery Metals Limited ('Discovery Metals' or 'Company') yesterday reports very highly encouraging results from 6 diamond drill holes of a 12 hole programme at the Zeta North East Prospect which is situated within the Company's 100% owned Prospecting Licences in the Kalahari Copperbelt in north-west Botswana . The Zeta North East Prospect is located in the Boseto Zone and is centered approximately 11 kilometres away from the 100% owned Boseto Copper Project's concentrator. The Boseto Copper Project is currently under  construction and is scheduled to commence production in the first half of 2012.  Planned production is approximately 36,000 tonnes of copper and more than 1 million ounces of silver per annum over an initial evaluated mine life of 15 years.

Gold is worth the risk?

Gold is worth the risk?Precious metal Gold has many attributes that investors want, and it has been one of the few assets to deliver positive returns since 2005.One of the most perplexing questions facing investors these days is what to make of gold. With the cracks in the global financial system seemingly growing wider, and gold prices in the midst of a decade-long rally, more investors are wondering, do I buy? Sell? Wait until later?

With the listing of the SPDR Gold Shares, then called the StreetTRACKS Gold Trust, exchange traded fund (GLD) in November 2004, questions about gold have become more pressing. Prior to the fund’s launch, there really was no convenient way to invest in gold, and so few investors owned it. Those who wanted to speculate traded futures, and the true believers stashed coins in their attic.

Now, there is $2.1 billion in Gold Shares traded every day and it is the second largest U.S. ETF by assets -- $68 billion as of October 31. Several copycat ETFs – including the iShares Gold Trust (IAU), the ETFS Physical Shares Gold Trust (SGOL), and the ETFS Physical Asian Gold Shares (AGOL) – have sprung up to tap into the demand for gold, proving the old adage that imitation is the sincerest form of flattery.

Silver Lake Resources

Investor interest in Silver Lake Resources is due to the company delivering a string of bumper results recently, and just last week confirmed grades of up to 45% copper, 5.5 grams per tonne (g/t) of gold and 256g/t silver at the Hollandaire project, which lies within the Eelya complex, part of bigger Murchison project.

Importantly, these assay results confirm Hollandaire as a high grade copper deposit that also contains gold and silver. The mineralisation remains open in all directions and at depth.

The halt will last until the earlier of announcement being made to the market, or the opening of trade on Wednesday 16 November.

Gold priced in euros is doing even better, rising 5.1 percent

Gold priced in euros is doing even better, rising 5.1 percent this month compared with a 3.6 percent gain for dollar- denominated bullion. Dennis Gartman, the Suffolk, Virginia-based economist and editor of the Gartman Letter, owns gold priced in euros and wrote yesterday that it reduces volatility.

Commodities as measured by the S&P GSCI gauge are heading for their weakest performance since 2008. Demand for everything from crude oil to aluminum to wheat contracted that year as nations contended with the worst global recession since World War II. The International Monetary Fund is anticipating no return to that slump, forecasting economic growth of 4 percent in 2012, unchanged from this year.

Eleven of 21 traders and analysts surveyed by Bloomberg expect copper to fall next week. The metal for delivery in three months, the London Metal Exchange’s benchmark contract, declined 20 percent to $7,639 a ton this year.

Gold depository services

Gold depository services in the world are in many places, for one example Gold depositary is COINplus.The COINSPlus Safe Depository Facility has been designed from the ground up with impenetrable security in mind. Other best Gold depository services in AXIS Bank, DDSC (Delaware Depository Service Company),Gold IRA Recommended Services,First State Depository Company LLC.

Conditions that must be owned by Gold depository services  if there is 100 TONS of specialized tool resistant composite concrete wrapped in 1 inch thick specially hardened plate steel housed in a corridor of bomb resistant concrete, Kevlar and specialty polycarbonates, to state of the art motion, heat and seismic detectors combined with 24/7 video surveillance.

Platinum and Palladium

Platinum and palladium is currently providing a very large profit margin gains on the trade,when gold prices continues to rally and silver prices to hover, prices platinum and palladium are also make gains well. Platinum appears to be chasing gold, gaining $18 today while palladium gained $15, to trade at $661. The platinum group metals are obviously affected more by the strength of the industrial sector but they also obey the laws of supply and demand and these are definitely working in their favor at the moment. Demand for palladium, for example, is expected to rise by almost 6% each year for the rest of the decade while supplies look to be threatened by 2015, if not sooner.

"There is growing investment interest in the industrial metals," says Bill Hionas, CEO of Pan American Metals of Miami. "They do not react in the same way as gold, since their dependence on industrial demand makes them subject to the ups and downs of the economy. However, we have seen increases in car sales recently, particularly from the emerging economies of Asia and this has been reflected in increased demand for platinum and palladium."

Central Bank Gold Reserves

Central bank gold reserves in the world regulated by a central bank ; reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. or nation intended as a store of value and as a guarantee to redeem promises to pay depositors, note holders (e.g., paper money), or trading peers, or to secure a currency. 

Current day, gold reserves are almost exclusively, albeit rarely, used in the settlement of international transactions.At the end of year 2004, central banks and investment funds held 19% of all above-ground gold as bank reserve assets.It has been estimated that all the gold mined by the end of 2009 totaled 165,000 tonnes.At a price of US$1600 - US$1900/oz., reached in September 2011, one ton of gold has a value of approximately US$60.8 million. The total value of all gold ever mined would exceed US$9.2 trillion at that valuation.

Analysts estimate the Silver Standard as a takeover target will decline

Analysts estimate the Silver Standard as a takeover target will decline.Silver Standard’s stock closed 5% higher on the TSX at C$16.25, having shed 21% the previous day.Announcing a $21.8-million third-quarter profit as higher silver prices more than offset a drop in output, the company said it had now addressed operating issues at Pirquitas, but decided to take the “prudent” step of halving reserves to 93.1-million ounces.

Silver Standard also revised its production guidance to between 7.3-million and 7.6-million ounces of in 2011.
“While we have taken a prudent approach to Pirquitas’ reserves, we have a great exploration team who are focused on finding more ounces,” CEO John Smith said.Lichtenheldt rated the stock a buy, but cut his 12 –month target price from $27.50 a share to $20.90.
 

Gold, Silver Prices make Great advantage 1.8% on this Week

Gold, Silver Prices make Great advantage 1.8% on this Week.Gold prices nearly $29 dollar when Friday after a pounding loss on the previous day. A weaker U.S. dollar was supportive of precious metals in general. For the week, gold advanced $32.00, or 1.8 percent.

Other weekly great advantage included a matching 1.8 percent for silver and dual 1.1 percent increases for platinum and palladium. Gold was the media headline grabber, rising for three consecutive weeks as other major metals will now attempt a streak beyond one.

On Friday, gold prices of $ 28.50, or 1.6 percent, to $ 1,788.10 an ounce on the Comex December futures contract in New York. The yellow metal ranged from an intraday low of $ 1,745.00 to a high of $ 1,789.40. Gold does not go with a low close twice this week. The biggest decline in three weeks occurred on Thursday when the price fell U.S. $ 32. Volatile swings should instill caution.

Scrap Metal Prices

Scrap metal prices update news daily on internet can you get here.Scrap Metal, scrap metal prices, plastic scrap, aluminum scrap, scrap steel prices, scrap copper, scrap tire, scrap metal dealer, scrap metal buy and sell offers.Scrap Metal Market Prices and Charts for Copper Scrap, Steel Scrap, Iron, HMS, Aluminum, ferrous and non ferrous scrap metals in USA, ME, India, China.

November 5 2011 – Most converters have increased in value plus a new converter – Medium Foreign – has been added (prices courtesy Fair Salvage Company): Cores (purchased by the piece): Catalytic Converters: Large honeycomb   $90.00    |     Bread loaf      $75.00 Medium honeycomb   $45.00   |   Regular honeycomb $40.00 // // // ]]> Jumbo bead $75.00 |         Regular bead  $25.00 Low Grade Foreign $35.00     |    Small foreign   $75.00 Medium foreign  $85.00    |    Large foreign  $105.00 Precat  $20.00     |       Aftermarket  $5.00 Diesel  $10.00     |      Wire  $10.00 Four-dot  $70.00 Catalyst (by the pound)   $3.00 Transmissions: Automatic  $21.00    |   Manual   $11.00 Torque converters   $3.00 Todd J. Graham -   Fair Salvage Company 2731 E. Grass Lake Road   |  Clare, MI  48617  | Ph: 989-386-7552  | Fx: 989-386-2415 www.fairsalvage.com    | todd@fairsalvage.com Prices quoted are valid only if material received meets Fair Salvage Company standards. Quotes valid date of email unless otherwise stated. 

Scrap Metal prices as of Nov 2 2011 are as follows: All Non Ferrous Scrap is in $/KG Aluminium Cans 1.06                    Cast 1.20 Clip 1.29                      Domestic 1.19 Extrusion 1.49            Irony 0.30 Copper No 1 7.81                     No 2 7.30 Domestic 6.96            Burnt 6.96 Radiators 4.24 Gunmetal Solids 5.60         Swarf 4.76 Brass Mixed 4.84       Swarf 4.07 Stainless Solids 1.34        Oversize .99 Swarf .49 Ferrous Scrap | Heavy Steel ($/ton) Heavy Steel 290.00          Lightgrade No. 2 200.00 Car Bodies 100.00 Prices subject to change.  scrap metal prices provided by METALCORP NZ LTD , 615 Halswell Junction Road, P.O.Box 16 678 | Hornby, Christchurch, New Zealand www.metalcorp.co.nz

Mining Palladium Metal

Mining palladium metal is a precious metal that is worth selling expensive.In the world of 90% mining palladium metal producers is concentrated in just two countries: the Russian Federation and South Africa.10% mining palladium metal producers are the United States and Canada.

Mining palladium metal industry is capital intensive. Mostly companies need large investment to build production facilities and long-term survival requires heavy expenditures in order to finance exploration and production. Processing of the ore through milling, flotation and smelting to form a matte that contains the PGM is normally undertaken at the mines. Further refining may take place in refineries on the mine property or in other countries.

Scrap gold from electronics

Scrap gold from electronics found in numerous places on ; 1)Mobile phones : PCB, 2)PC Motherboard: IDE connectors, PCI Express slot, PCI, AGP, ISA, and other ports, jumper pins, the processor socket, and DIMM (SIMM on older motherboards) slots 3)Computer parts : Harddisk,CPU processor.All of these connectors are often covered with a fine layer of gold a few microns thick, deposited by flashing or plating.Gold plays an increasingly important role in industrial applications, particularly in electronics, despite its larger use in jewellery and investment products. As the annual statistics show (Gold Survey 2010, GFMS Ltd, London), some 300 Ton or more of gold are used annually in electronic components such as ICs,contacts and circuitry, the latter notably as gold bonding wire.

At the end of their use, electronic and other electrical product scrap offer an important recycling potential for the secondary supply of gold into the market. With gold concentrations reaching 300-350 g/t for mobile phone handsets and 200-250 g/t for computer circuit boards, this scrap is an ‘urban mine’ that is significantly richer in gold than the sources of the primary ores today. 'Urban Mine or Urban Mining' so people call it, this is a business about recycling precious metals gold and silver from electronic waste/e-waste,...and GOLD and SILVER results obtained so amazing, kilograms of gold and silver produced from electronic waste such as computers, cellular phones, SIM Card .. Etc.

In Japan,Eco-System.Co produce gold bars weighing 199.58 - 299.37 KG per month with a value of money earned between U.S. $ 5.9 million - U.S. $ 8.8 Million Dollars from e-waste recycle. This amount is certainly not with silver is also produced.

Generation Au | Gold

Generation Au/Gold today a lot of gold trader have little faith in equities and, unlike older investors, are more inclined to consider alternative investments. Others seek tangible, hard assets as a counterweight to stocks, bonds and cash in the aftermath of the 2008 U.S. financial crisis. It was only a matter of time,” said Divnain Malik, head of retail sales at Gold Bullion International, a seller of physical gold in NY U.S.. While around half of his clients are baby boomers and more established gold investors, the “younger demographic seems to be catching on.”

Indeed, the 25-to-35 year-old age bracket is the firm’s fastest growing segment of buyers, he said. Over the past two months, about half of the hundreds of new accounts opened at his firm were from people in their 20s and 30s, he noted, adding that younger investors are increasingly sophisticated, do not want to repeat others’ mistakes, and are protective of their investments.

Platinum mining locations

Platinum mining location 78% in South Africa and the big platinum mining location in Kroondal is located 120 km north-west of Johannesburg in South Africa, on the western limb of the Bushveld Complex.South Africa produces more platinum and similar metals than any other nation.In 2005, 78% of the world's platinum was produced in South Africa, along with 39% of the world's palladium. Over 163,000 kilograms (5,200,000 ozt) of platinum were produced in 2005, generating export revenues of $3.82 billion USD.

Platinum mining industry is capital intensive. Companies need large amounts of money to build production facilities and long-term survival requires heavy expenditures in order to finance exploration and production. Processing of the ore through milling, flotation and smelting to form a matte that contains the PGM is normally undertaken at the mines. Further refining may take place in refineries on the mine property or in other countries.

Scrap Gold | Value Scrap Gold

Scrap gold is still a high value gold,what is scrap gold?Scrap Gold is the term given for the process of recycle broken old jewellery, coins and other items that are no longer wanted..this is term "Scrap Gold". Recycling gold has become a large industry, driven by the surge in the price of gold and the current global economic climate. Selling gold jewellery has enabled people to liquidate their assets into cash, a more usable currency in modern life.If we have any scrap gold, we can sell it, but for how much? Gold prices tend to rise when the economy is flat or when there are worries about war or inflation.

What about karat of gold.This is a simple formula can we use to estimate karat gold :  

• 9 K/karat gold is 9/24 = 0.375; 37.5% pure gold  
• 10 K/karat gold is 10/24= 0.417; 41.7% pure gold
• 12 K/karat gold is 12/24= 0.500; 50% pure gold  
• 14 K/karat gold is 14/24= 0.583; 58.3% pure gold
• 18 K/karat gold is 18/24= 0.750; 75% pure gold  
• 22 K/karat gold is 22/24= 0.917; 91.7% pure gold
• 24 K/karat gold is 24/24= 1.00; 100% pure gold  

Scrap gold into its various karat fineness (namely, 10K, 14K or 18k). You may need a magnifying glass to see the number inscribed on the piece. If not, you may need to have the gold tested by a reputable dealer. There's also the possibility that some of the gold is actually just gold-plated, which a dealer would determine with certainty by using a chemical test.

Scrap Gold from Computers

Scrap gold from computers can find from parts of CPU Computers and motherboards. In Japan,Eco-System.Co produce gold bars weighing 199.58 - 299.37 KG per month with a value of money earned between U.S. $ 5.9 million - U.S. $ 8.8 Million Dollars from e-waste (computers,mobilephone..etc) recycle. And this list potential value precious metal (gold,silver..etc) can find from Computers :

a.Case= Galvanized Steel
b.Power Supply :  1.    Housing =Galvanized Steel, 2.    PCB=Various Metals in Components: Tantalum, Silver, Tin, Copper, Aluminum, Gold, Palladium, Nickel, Ruthenium, Lead, Silicon 
c.Front Cover= Plastic
d.Motherboard, PCI Card, Floppy Drive, CdRom, Hard Drive, Memory Stick=Various Metals in Components: Tantalum, Silver, Tin, Copper, Aluminum, Gold, Palladium, Nickel, Ruthenium, Beryllium, Platinum, Lead, Silicon
1.Header Pins= Gold, Nickel, Copper
2.Card Fingers=Gold, Nickel, Copper
3.Platters= Cobalt, Platinum, Chromium
4.Card Sockets=Copper, Beryllium, Gold
5.Hard Drive Housing= Aluminum
6.CdRom Drive Housing= Galvanized Steel
7.Floppy Drive Housing=Galvanized Steel    
e.CPU Heat Sink= Aluminum
f. CPU Retainer= Spring Steel
g.Keyboard=Plastic Housing, Neoprene Buttons, Mylar Sheets printed with silver 

Gold benefits

Gold benefits from economic uncertainty situation after european leaders last week opened the idea that Greece's sovereign debt could default and the country might not receive EU financial aid if it failed to adopt austerity measures.Meanwhile, benchmark bond yields of Italy, the bloc's third largest economy, shot to a level that is widely deemed unsustainable, reflecting investors' concerns that they may not get their money back. 

"The market is extremely worried. Changing leaders both in Greece and Italy doesn't change the fiscal situation and leaves us with a period of uncertainty," said Ole Hansen, senior manager at Saxo Bank. Holdings of the largest gold-backed exchange-traded-fund (ETF), New York's SPDR Gold Trust, gained nearly 1 percent from Monday to Tuesday, while those of the largest silver-backed ETF, New York's iShares Silver Trust, dipped 0.12 percent for the same period. In platinum group metals, platinum fell 2.1 percent to $1,623.24 an ounce and palladium dropped 3.4 percent to $644.97.

Gold futures

Gold futures sided lower but remained close to a six-day high as market sentiment continued to be dominated by developments surrounding Italy’s debt woes.On the Comex division of the NY Mercantile Exchange, gold futures conveyance traded at USD1,785.35 a troy ounce during early European morning trade, shedding 0.17%. It fast preceding fell by as much as 0.25% to trade at a daily low of USD1,783.55 a troy ounce.

Yesterday at November 8/2011, Italian Prime Minister Silvio Berlusconi announced that he would resign after parliament approves next year’s budget. The announcement came after Berlusconi lost his parliamentary majority during a vote on a budget bill.Investors have been focusing on Italy in recent sessions, after the country’s borrowing costs approached the 7% mark that prompted peripheral euro zone nations, Greece, Portugal and Ireland to seek bailouts.

Meanwhile, in Greece, outgoing Prime Minister George Papandreou was widely expected to name former European Central Bank Vice President Lucas Papademos as prime minister of an interim government later in the day. Elsewhere on the Comex, silver for December delivery slumped 0.68% lower to trade at USD34.91 a troy ounce, while copper for December delivery edged 0.13% higher to trade at USD3.537 a pound.

Gold bullion traders

Gold bullion traders reputation danger of business stop in Vietnam. A heaps of gold bar traders are visage the danger of business stop and only Saigon Jewelry Joint Stock Co (SJC) may be allowed to trade in  this section, according to a new regulation draft on gold management, the local newswire VnExpress reported.Under the draft, only the companies that have chartered capital of at least 500 billion dong and account for 25% market share in most recent 3 years may be considered to be permitted to produce and process gold bar. SJC, occupying 90% of gold bar trading market share in Vietnam, is able to qualify the requirement.

Therefore, remaining 7 traders including Phu Nhuan Jewelry Joint Stock Company (PNJ), Bao Tin Minh Chau Gold Company, Asia Commercial JS Bank (ACB), Sacombank and Southern Bank, and two arms of Agribank may be unlisted in the trading section.

In addition, the draft also rules that only those who have minimum charter capital of 100 billion dong and branches in at least three big cities and provinces will be allowed to trade gold bar. So, over 10,000 small gold bar traders mostly may not be permitted to continue doing business any more.

Scrap gold from motherboards

Scrap gold from motherboards found in numerous places on a motherboard: IDE connectors, PCI Express slot, PCI, AGP, ISA, and other ports, jumper pins, the processor socket, and DIMM (SIMM on older motherboards) slots.All of these connectors are often covered with a fine layer of gold a few microns thick, deposited by flashing or plating.

With the price of gold being at an all time high, there are now numerous companies who are recycle the infinitesimally small amounts of gold. Most of the gold is found in the motherboards.Here’s a process to recycle scrap gold from motherboards..how to refine gold from MOTHERBOARDS

Australian Gold Fields

Australian Gold Fields delivers record earnings plus a 6% rise in production from the Australian mines to 169,000oz (159,000oz) - was more than enough to offset drops at Cerro Corona in Peru and, in particular, in South Africa.South African production fell to 428,300oz (497,000oz) because of wage-related industrial action, safety stoppages and a slight drop in grade.Particularly sharp drops in output took place at Beatrix and, more worringly, at South Deep. This is the mechanised, deep-level operation which is slowly ramping up production and on which Gold Fields’ long-term future in South Africa depends. 

On the exploration front, Gold Fields has moved to increase its exposure to the Philippines, making a second down-payment of $66m in terms of its agreement to take a 60% stake in the gold-copper FSE deposit.

Spot Gold Prices

Spot gold prices have rallied around 4 percent so far this month as mounting doubts over the Eurozone’s ability to tackle its two-year-old debt crisis drove investors to safe-haven assets and decoupled gold from other commodities, which it had followed through much of the past two months.US gold fell 0.9 percent to $1,783.50 an ounce. “The market is now running into the first technical resistances around $1,800 and the rally could slow down a little bit from here,” Credit Suisse said in a note.

Holdings of the largest gold-backed exchange-traded-fund (ETF), New York’s SPDR Gold Trust, gained 0.67 percent from Monday to Tuesday, while those of the largest silver-backed ETF, New York’s iShares Silver Trust, dipped 0.12 percent for the same period.

In Asia, China’s annual rate of inflation eased to 5.5 percent in October, the third straight month of decline from a three-year high of 6.5 percent hit in July and in line with analyst expectations.

But rising gold consumption in China, the world’s second-largest consumer after India, showed inflation remained a concern. China’s gold consumption is expected to jump nearly 50 percent to reach 400 tonnes this year, the China Securities Journal reported on Wednesday, citing China Gold Association President Sun Zhaoxue. In other precious metals, silver slipped 0.7 percent to $34,69 an ounce, while platinum fell 0.7 percent to $1,646.25 an ounce and palladium fell 1.1 percent to $660.50.

Gold approaching $1800

Gold approaching $1800 and silver over $35, while platinum and palladium gained $10 and $13 respectively, this reported by Pan American Metals of Miami on all four precious metals yesterday, November 8, 2011.

Gold and silver while gained on safe-haven demand due to the ongoing crisis in the European Union, palladium actually made the greater gains today, percentage wise. 

Increasing car sales mean increased demand for palladium at the same time as Russia is casting doubts on the reliability of future supplies. This is a combination that is obviously inclined to push up the price of palladium. Rumor has it that Russia's stockpile of palladium may be running out very shortly, causing palladium to be in deficit."Gold and silver tend to dominate media attention but investors should take a serious look at platinum and palladium in terms of future gains," says Bill Hionas of Pan American Metals of Miami. "The economics of supply and demand are definitely working in favor of palladium at the present time."

Scrap gold, silver, platinum from an airplanes

Do yo know if commercial airplanes and U.S military airplanes give back to "graveyards" in the U.S. Southwest contain many thousands of dollars worth of gold, silver and platinum and are significant part of their scrap values....??

"Precious metals are used in airplanes, especially in engines, and when a plane is scrapped, the metals are recovered for their value and recycled," says Terry Hanlon, president of Dillon Gage Metals in Dallas. Gold is useful as a conductor and lubricator, he adds.

Up to 80% part of an airplane can be recycled, and precious metals can provide half of a plane's recycling value. When engines are scrapped or rebuilt, between $6,000 and $18,000 worth of precious metals can be recovered through leaching and radioactive processes. That's no small change considering that gold prices climbed this year, and lots of planes are scrapped in periods of economic weakness and when new models are built.

According to the U.S. Defense Logistics Agency, gold is used in aeronautical circuitry for relays, transistors, diodes and contact points, while silver is employed in electronic parts and welding and brazing wire. Platinum family metals are utilized in aircraft spark plugs and electronics.

Gold is a dependable conductor and connector in aeronautical circuitry. The yellow metal helps plane parts hold up well, reducing maintenance and repair costs. Thin films of it between moving parts serve as lubricants. Gold molecules pass one another under friction, creating lubricant action. The metal's malleability allows it to be processed into a thin film that can coat and protect moving parts.

And because of gold's reflective qualities, many airplane parts are fitted with gold-coated, polyester film to reflect infrared radiation and stabilize temperatures on board. Otherwise, those dark-looking parts of an aircraft would absorb a tremendous amount of heat. Gold is also used in space suits. A thin coating is applied to suits worn by astronauts to protect them from radiation and deflect burning sunlight.

Because gold is expensive, it's only used when cheaper substitutes won't do. But considering the number of lives at risk in air and space travel, and the billions of dollars spent on it, precious metals are worth it.

Spot gold lost half a percent to trade at $1,760 on Thursday

Spot gold lost half a percent to trade at $1,760 on Thursday, although prices gained nearly 3 percent so far this month and pierced through $1,800 earlier this week -- a level unseen since late September.ealers reported a mix of light buying and selling, and said many buyers were waiting for further price dips to enter the market.

"People are hoping to see a correction to $1,700 after the recent rally so that they can buy more," said a Hong Kong-based bullion dealer. "They are still interested in holding gold as a safe haven."

Buying from India, the world's largest gold consumer, eased after the key gold-buying festivals in the last week of October, but the ongoing wedding season is likely to support gold demand.The weak Indian currency helped push rupee-priced gold to its record high on Wednesday, depressing gold purchases, as dollar-priced bullion was 8 percent lower than its all-time high above $1,920.

Gold Fields fourth Largest Gold producer reported Gold's Record run

The world’s fourth-largest gold producer "Gold Fields" , make reported a 58% surge in third-quarter earnings on Thursday fuelled by gold’s record run but fell just short of analysts’ bullish expectations.

The "Gold Fields" group also said it was now aiming to produce 3,5-million ounces of gold in 2011, the bottom end of a targeted range of between 3,5-million and 3,7-million ounces, as it tries to take full advantage of sky-high bullion prices.The company said it expected to hit this target "despite the recent wage-related industrial action and higher than expected safety-related stoppages which disrupted the South African operations."

The rate gold price was up about 13% to just over $1700 an ounce during the quarter to the end of September compared to the previous one. In rand terms it was up around 20% and both trends flowed to Gold Fields’ bottom line as about 50% of its output comes from South Africa.

As expected, the "Gold Fields" group said its production for the quarter rose 3% to 900000 ounces, a figure it had already flagged.Its adjusted earnings per share leapt to 291 cents from 184 cents in the previous quarter. A Reuters poll of six analysts had seen the number coming in at 303,5 cents.

The Biggest Mining group is expanding gold and base metal

The big Mining group is expanding gold and base metal tenement, as well as its global footprint, with the acquisition of its first offshore project, the Comval Project in the Philippines.

This mining company exited a trading halt this morning to announce it has signed a binding Heads of Agreement with Cadan Resources Corporation (TSX-V: CXD) to acquire an 80 percent interest in the Comval Project, which is prospective for copper and gold.

This acquisition has the potential to transform the Mining Group, as the Comval Project is located within the East Mindanao Ridge, which is a world class copper-gold province.

Mining Group is a newly listed gold, base metals and uranium mineral exploration and development company with three prospective projects in Western Australia.

The company listed on the ASX at the beginning of July with a positive debut after raising $2.5 million for the exploration of its Western Australian projects, and for the identification and evaluation of complementary projects.During the September 2011 quarter, Mining Group commenced field exploration at its Boorara and Teutonic Projects.

Gold bounces

Gold bounces give back onto investors' radars.Signal negative real interest rates and uncertainty over the outcome of the eurozone crisis will see the gold price steadily rise into 2012, according to FE Alpha Manager Mark Slater.Slater, who manages the sector-leading MFM Slater Growth fund, believes it is just a matter of time before the precious metal breaks the $2,000 mark.

Metal Gold’s dramatic crash from its $1,900 high down to $1,600 back in September make many investors running for the hills. However, Martin Arnold, senior analyst at ETF Securities, says there has been a steady pick-up in demand in recent weeks.

The highest bidder at Platinum luxury auction

La Palma will be sale to the highest bidder at platinum luxury auction. Ultra-luxury real estate auction specialist Platinum Luxury Auctions LLC, a United States firm headquartered in Miami, Florida, will handle the sale.The auction will feature a unique parcel of land, measuring nearly 17 acres in size (67,122 sq. meters) and offering breathtaking views of the Atlantic Ocean.

Included with the land are detailed architect's plans and building permissions for the development of the Hotel La Alegria, a luxury "5 star" resort for up to 116 guests. Due to the property's location in a naturally preserved area, it took more than 12 years for the current owner to obtain proper development rights. The resort will boast features such as outdoor and indoor pools, a spa, conference center, gym, yoga studio, salon and more.

If you interest, to get more details on this luxury auction, please visit CanaryIslandsAuction.com or call +1-305-744-5220 (U.S.).

What is investment gold?

What is investment gold?Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times.Today, like most commodities, the price of gold is driven by supply and demand as well as speculation. However unlike most other commodities, saving and disposal plays a larger role in affecting its price than its consumption.

To explain what is investment gold we can follow describe below ; investment gold is defined as:

(a)Gold of a purity not less than 995 thousand that is in the form of a bar, or a wafer, of a weight accepted by the bullion markets;

(b)A gold coin minted after 1800 thatis of a purity of not less than 900 thousand,is, or has been, legal tender in its country of origin, and is of a description of coin that is normally sold at a price that does not exceed 180% of the open market value of the gold contained in the coin.

The Best Options to investing in Gold

What is the best option to investing in gold.Gold is the high metal to investing today. Everyday price of gold always rise. the best Options of investing in Gold is Pros and Cons.There is a famous saying "A friend in need is friend indeed". If we talk in financial terms this statement can be rephrased as "A financial asset in need is a financial asset indeed".

Normally every individual investor builds a portfolio using a lot of financial assets but is he aware which option in the lot prevents him from drowning in times of economic crisis such as currency failure, inflation, and stock market crash?If you are a serious investor and love your hard earned money, you already know the answer i.e. investing in Gold...