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One of the world’s most valuable industrial metals, silver, could lose more of its luster as the economy it heavily relies on slows by the day.

The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors totaled $124.5 billion during the second quarter of 2023, an increase of 4.7% over the first quarter of 2023 but 17.3% less than the second quarter of 2022.

Gold prices are on track to rally to all-time highs in 2024 on the back of tapering interest rates, and looming recessionary fears that elevate its role as a safe haven asset.

The growing prospect of a soft landing is providing support for a commodities, particularly energy commodities, according to a new report from BMO Capital Markets.

MKS PAMP will provide turnkey refining solutions to Akobo Minerals, from collection of the doré - the semi-pure alloy of gold, produced at Akobo’s Minerals’ mine in southwest Ethiopia.

Gold and silver prices are slightly lower in early U.S. trading Wednesday. The precious metals bulls are timid at mid-week after another economic report out of China that suggests less consumer demand for goods and services, which includes metals. December gold was last down $2.00 at $1,957.90 and September silver was down $0.062 at $22.745.

Dozens of mining industry representatives joined government negotiating teams at high-stakes United Nations talks charting the future of controversial deep-sea mining last month.

A decision published in the Turkish Official Gazette showed that authorities imposed additional 20% duties on some gold imports, in an attempt to limit the negative impact of imports on the current account balance.

Gold retreats as traders focus on stronger dollar. Near-term Treasury yields are moving higher, while longer-term yields decline. Demand for safe-haven assets increased after Moody’s downgraded U.S. banks, but it did not provide support to gold markets.Gold retreats as traders focus on stronger dollar. Near-term Treasury yields are moving higher, while longer-term yields decline. Demand for safe ...

China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal.