FridayDec 29, 2023 12:46 pm

What is the Right Quantity of Silver in Your Investment Portfolio?

For centuries, silver has been used as a store of value, similar to other precious metals. Silver is used in various industries, with one of its primary uses being in solar energy as a conductor for photovoltaic cells. The metal also has a variety of technological applications, including its use in 5G connectivity. It is expected that silver’s industrial demand will continue to grow, particularly as the shift to renewable sources of energy gains traction. In recent times, this industrial metal has also become a popular option for investment. However, knowing the right quantity of silver to include in an…

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ThursdayDec 28, 2023 12:44 pm

Records Show Chinese Imports of Coal from Australia, Indonesia Spiked in November

Latest figures show that coal imports into China from Indonesia increased by about 16% in comparison to import figures from October. In the same period, coal imports from Australia also rose by almost 30%, with the increase being attributed to utilities restocking in preparation for power generation through the winter. The General Administration of Customs also released data showing coal shipments from Indonesia, most of which are under annual supply contracts, hit 18.3 million metric tons in November. The coal has an energy content of about 3,800 kcal. China is currently the biggest buyer of coal, with total coal imports…

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WednesdayDec 27, 2023 3:36 pm

How Long Should an Investor Keep Gold Holdings?

With the year drawing to a close, gold is shaping up to be one of the most attractive investment vehicles for investors. Several geopolitical factors coupled with investor fears of a war in the oil region have significantly increased gold’s safe-haven appeal in recent months and caused gold prices to rise. A weakening dollar coupled with a fall in treasury yields also caused gold prices to rebound even further, and by Dec. 20, 2023, spot gold was holding steady at $2,033.92 per ounce while gold futures were trading at $2,048.40. In the wake of gold’s significant rebound, many investors are…

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TuesdayDec 26, 2023 12:10 pm

Copper Supply Unexpectedly Lower Than Initially Thought

The copper market has unexpectedly lost the surplus supply it was poised to enjoy for the next few years. Experts had predicted a surplus of the metal through the end of the year and into 2024; that surplus was expected to contribute to additional supply in the coming years. The general consensus was that there would be a comfortable supply surplus for the near future until surging demand from renewable infrastructure and electric vehicles tightened the market later in the decade. However, the mining industry dashed these expectations when it demonstrated how vulnerable it is to market factors such as…

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FridayDec 22, 2023 2:41 pm

What Investors Need to Know When Comparing Risks of Gold ETFs vs. Physical Gold

With gold prices surging to historic highs in recent weeks, many investors are considering adding gold to their portfolios. Although the precious metal saw its performance falter in 2022 thanks to rising interest rates and a strong dollar, recent geopolitical events have significantly increased gold’s safe-haven appeal among investors. Gold has traditionally acted as a stabilizing asset that can protect portfolios from market volatility and inflation. Now that the ongoing conflict in Gaza is increasing fears of a broader conflict in the oil-producing region disrupting the global economy, investors stand to benefit a great deal by adding gold to their…

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ThursdayDec 21, 2023 4:16 pm

The Fed’s Dovish Signal Buoys Gold Market

Gold prices surged even higher last week after the Federal Open Market Committee issued a surprisingly dovish statement. While the precious metal has performed admirably over the past few weeks, several months of interest rate hikes coupled with a strong dollar depressed gold prices for several months. High interest rates increased the opportunity cost of holding gold bullion and encouraged investors to buy alternative assets that paid interest. However, hopes of the U.S. Federal Reserve reversing its hawkish stance in 2024 coupled with several geopolitical events, particularly the conflict in Gaza, have elevated gold prices to record levels. A statement…

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WednesdayDec 20, 2023 2:50 pm

IEA Says Worldwide Coal Use Reached Record Levels in 2023

The International Energy Agency recently released its latest report, which shows that the use of coal globally will hit new highs this year as demand in developing and emerging economies continues to grow. The report comes just days after the end of the COP28 United Nations Climate Summit, which was held in Dubai. The final agreement at the summit centered on accelerating efforts toward phasing out of coal for power generation. Despite campaigns to adopt cleaner energy sources, however, coal remains the largest source of power generation globally. This fossil fuel is the primary source of power for industries such…

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WednesdayDec 20, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Gets Tax Exemption for US REE Processing Project, Subcontractors Also Selected

Canadian metals supply company Ucore Rare Metals Inc. is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies China currently dominates the global market for mining, processing and product creation for REEs, raising concerns that governmental controls over its industries could hamstring supplies Western nations need for everything from cell phones to fighter jet parts Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology The company recently…

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TuesdayDec 19, 2023 9:00 am

WGC Says Gold Industry Following Ongoing Climate Discussions

The World Gold Council has revealed that the global gold-mining sector is actively following the ongoing climate change discussions. Climate change is a critical global issue that calls for sustained collaboration between different key industries before any meaningful change can occur. Some industries have undoubtedly played a greater role in proliferating greenhouse gas emissions and will be key to reducing global emissions and advancing the fight against climate change. Sectors such as coal, oil and transportation are responsible for a significant portion of global emissions, and many players in these sectors are working to cut their emissions. Fossil-fuel production companies…

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MondayDec 18, 2023 10:48 am

Western Countries Lay Groundwork for Rare Earths Metals Boom

Rare earth elements are critical to the modern economy due to their applications in several key industries. Their unique magnetocrystalline, electrochemical and luminescent properties allow rare earth elements to serve in technology-based sectors, consumer electronics and even national defense systems. This includes purifying semiconductor materials, such as gallium nitride and silicon carbide, and acting as essential raw materials in the permanent magnets used in electric-vehicle motors and wind-turbine generators. With the United States and other major nations looking to transition to electric vehicles over the next few decades, demand for rare earth metals is set to explode. However, with the…

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