precious metals

gold buyers in chennai

definitions of gold related words

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 …

definitions of gold related words Read More »

LOCKDOWN easing plans boost risk appetite

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 …

LOCKDOWN easing plans boost risk appetite Read More »

GOLD PRICES ROSE 0.3%

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 ROSE 0.3% Read More »

7-year high on profit-taking GOLD PRICES -FALLS

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 …

7-year high on profit-taking GOLD PRICES -FALLS Read More »

RHODIUM OUTPERFORMS BITCOIN With 220% Gains

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 …

RHODIUM OUTPERFORMS BITCOIN With 220% Gains Read More »