Metal Open Close Change Gold $1259.82 $1256.38 – $3.44 Silver $16.17 $15.99 – $0.18 Platinum $894.80 $885.52 – $9.28 Palladium $1022.28 $1037.85 + $15.57 Summary Palladium increased on 12/14, while all other metals dipped in value. A Fed Interest Hike On Wednesday, the Federal Reserve raised interest rates in the wake of an improving economy...
Metal Open Close Change Gold $1245.54 $1259.85 + $14.31 Silver $15.79 $16.16 + $0.37 Platinum $883.40 $894.80 + $11.40 Palladium $1016.95 $1022.45 + $5.50 Summary After over a week of falling, all precious metals climbed on 12/13. A New Dow Record The Dow reached a new record high on Wednesday, trading above 24,600. This followed...
Since ancient times, precious metals like gold and silver have held intrinsic value and been used in a variety of ways. Apart from industrial, medicinal, and ornamental uses, metals also have a long history of being used as money. This is because precious metals have qualities such as scarcity, durability, malleability, and portability. Over time—and...
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