Word Explanation 1 Metallurgy It is a technology of extracting metal by chemical methods, to extract metals from the mineral ores. Sometimes, they are called alchemy too. 2 Refining It is a process of removing impurtities in the gold by two most common methods which are Miller process and Wohlwill process. 3 Smelting It is …
Gold fell nearly 1 per cent on Tuesday as LockDown easing plans boost risk appetite by some countries easing coronavirus-induced restrictions, although recession fears and hopes for more stimulus kept the bullion near the $1,700 level. Spot gold eased 0.7 per cent to $1,702.00 per ounce by 0701 GMT, after falling as much as 1.4 …
Gold prices rose on Wednesday, after surging more than 3 per cent in the previous session. As the US Federal Reserve cut interest rates to help soften the economic blow from the coronavirus outbreak. FUNDAMENTALS Spot gold climbed 0.3 per cent to $1,644.97 an ounce by 0052 GMT. Having registered its biggest one-day percentage gain …
Gold prices fell 1 per cent on Tuesday as investors chose to pocket profits after the metal hit a seven-year high in the previous session, although growing fears over a spike in new coronavirus cases outside of China capped bullion’s losses. FUNDAMENTALS Spot gold was down 0.7 per cent to $1,649.49 per ounce by 0132 …
BITCOIN/RHODIUM Everyone’s always comparing Bitcoin to gold. However, other precious metals rhodium have shown significant promise due to their rarity and how costly they are to find. MYSTERIOUS METAL RHODIUM Rhodium is one standout that has seen incredible price movement this past year and exceeded all expectations. It’s even left Bitcoin in the dust. The …
