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The Perth Mint, a government-owned mint in Western Australia that has been producing bullion goods for more than a century, manufactures and distributes precious metal products under the brand name Perth Mint Bullion Goods. The operation in Perth has been running the longest. There are gold, silver, and platinum bars, coins, and medallions among…
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Category: Silver Spot Price
What You Need to Know About Silver Toning
Toning can be seen on a variety of composition coins, but it is most frequently observed on silver coins. Gold, copper, nickel, and other metals can also have some toning. The development of toning is a gradual and natural process that might take months or years. Coin toning is the natural or intentional change…
Everything You Need to Know About the Silver Market in February 2023: A Recap
The silver market is an important sector of the global economy that plays a significant role in a variety of industries, ranging from electronics to jewellery. In comparison to the full-year price average for 2022, silver in 2023 is more than 8% higher. What Was Happening in the Silver Market During February 2023? In…
Boom and Bust Economy: Sound Money Solution
Since December 23rd, 1913 – the Federal Reserve has been in charge of monetary policy within the United States, with their main mandates being to keep inflation under 2%, as well as keeping unemployment low. Due to the USD being the world reserve currency, the Fed’s policy changes impact all countries around the world holding…
Understanding Spot Prices: What It Is and Where They Come From
Have you ever heard of spot prices? Let’s dive in and get started! Spot prices are an important tool in the financial markets. They are used to determine a security or commodity’s current value at a particular time. The “spot” refers to the current market, or operating, price. Spot prices provide traders and investors with…