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Gannon & Scott, a leading provider of precious metal refining and recovery services in North America, today announced that it has signed a definitive agreement to join Metalor Technologies, one of the most respected names in the global precious metals industry and part of TANAKA. The transaction is expected to close following approval by regulatory authorities, after which Gannon & Scott will ...

Gold

Spot gold fell as much as 2.2% to $4,023 per ounce on Monday, marking its lowest level since last Wednesday. The decline came after last week’s steepest gold drop since April 2013, when the metal had reached a high of $4381 last Monday. “Gold finally entered a proper correction phase last week after nine consecutive weeks of gains,” said Bruce Ikemizu, chief director of the Japan Bullion Market ...

Auto Catalyst Recycle

PGM prices in 2025 are supportive of recycled supply growth (Figure 1). However, platinum automotive recycling supply is not expected to recover to the peak level reported in 2021, and we expect this to contribute to sustained platinum market deficits through 2029.

Silver

Silver reached the $50-an-ounce level for the first time in decades on Thursday as surging demand for safe-haven assets led to a squeeze on the already-tightened London bullion market.

Silver

Commerzbank has updated its forecast for Palladium, anticipating it will reach $1,350 per troy ounce by the end of 2026. Previously, the price forecast was set at $1,300, but no further price increases are expected next year.

Gold

Gold breached $4,000 per ounce for the first time on Wednesday, propelled by investor appetite for security amid escalating economic and geopolitical tensions and anticipated US Federal Reserve interest rate reductions, said Reuters.

Platinum

After spending nearly a decade range-trading between $600 and $1,250 per troy ounce, platinum prices have risen nearly 50% so far in 2025. Platinum’s advance isn’t happening in isolation, but rather in tandem with gold having its best year since 1979 and the price of silver approaching a record high

Silver

The US Geological Survey's 2025 draft list proposes adding silver as a critical mineral for the first time, reframing its role from a precious hedge to a strategic industrial asset.
If finalized later this year, the designation would unlock stockpiling, permitting support, and potential tax incentives, shifting long-term supply-demand dynamics.

Gold

The value of America’s gold hoard has topped $1 trillion for the first time as bullion smashes through record highs.

Business

Recent modifications to the NYMEX/COMEX fee schedule for precious metals futures, effective July 14, 2025. The 900% jump in the delivery notice fee – from $1 to $10 per contract – imposes an unjust and exclusive burden on the precious metals market, which is the only contract market singled out by this increase.