The average daily Engelhard silver price for October was $15.77 per troy ounce, which was 7% more than that of September and 8% less than that of October 2014. NEW YORK (Bullion Street): U.S. Mines have produced 84,600 kilograms of silver in October, a slight increase compared with September silver production and a 17% decrease […]
Based on unrounded data, the average daily silver production in September was 2,753 kg compared with 3,010 kg in August and 3,240 kg for full-year 2014. NEW YORK (Bullion Street): US Mines have produced 82,600 kilograms (kg) of silver in September, an 11% decrease compare with August silver production and a 20% decrease compared with […]
In 2015, sales of the coins reached 47,000,000 ounces, higher than the 44,006,000 ounces sold last year and the 42,675,000 ounces sold in 2013. NEW YORK (Bullion Street): The United States Mint has announced record sales of American Eagle Silver Bullion Coins for the third consecutive year. In 2015, sales of the coins reached 47,000,000 […]
The new body, World Silver Council, will have representation from the domestic and global silver miners, refiners, traders and users, said a senior official with IBJA. MUMBAI (Bullion Street): India Bullion and Jewellers Association (IBJA) plans to launch an apex body for silver in the first week of January. It has obtained the in-principle approval […]
Strong demand came as spot gold prices fell around 7% to the lowest in nearly six years. This was the gold market’s biggest monthly drop in 2-1/2 years as traders and investors widely anticipated that the U.S. Federal Reserve will raise interest rates at its next meeting in mid-December. NEW YORK (Bullion Street): The U.S. […]
The country imported 256.52 tons of silver in the first ten months of the year as against 227.36 tons for the full year 2014. ANKARA (Bullion Street): Turkey’s silver imports have surged to their highest on record so far this year, according to latest data released by Borsa Istanbul, the exchange operator in Turkey. The […]
Revenue from the export of gold dropped by 12.4% to $531 million in September as prices declined 9.2% to $1,125/oz from $1,239/oz. LIMA (Bullion Street): Peru’s gold and silver export revenue declined in September mainly due to lower shipments and weak metals prices, the government said. Revenue from the export of gold dropped by 12.4% […]
Based on unrounded data, the average daily silver production in August was 3,020 kg compared with 2,930 kg in July and 3,240 kg for full-year 2014. Domestic silver production in the first 8 months of 2015 was 3% less than that of the same period in 2014. NEW YORK (Bullion Street): US mines have produced […]
Production of gold also advanced during the month to 9,807 kilograms, up 25.1% as against the production of 7838 kilograms a year earlier, according to INEGI data. MEXICO CITY (Bullion Street): Silver production in Mexico rose by 16.9% from a year earlier to 422606 kilograms in August, according to preliminary data from the National Statistics […]
Metals Focus said that it remains optimistic about global silver jewellery demand in 2015. A key reason for this has been the shift in favor of branded and private-label silver jewelry in recent years, at the expense of plated silver pieces. NEW YORK (Bullion Street): Metals Focus said that it remains optimistic about global silver […]
