Posted by admin on Wednesday Jun 29, 2011 Under Gold Jewellery
100 GRAM 999.9 fineness GOLD INGOT
100 ounce gold bar2
100 GRAM 999.9 fineness GOLD INGOT
This is a 100 gram gold bullion ingot of 999.9 fineness. All ingots are assay marked but may vary from one shown, if you require a certain make please enquire before purchasing .
Gold is currently the hottest investment with analyst’s predicting big increases in gold prices, don’t take our word for it go and look what the experts like Merrill Lynch are saying then come back and bid.
We do our best to give fair and accurate descriptions.
Gold 100 oz. (GC, COMEX)
100 ounce gold bar3
100 gram gold bullion bar
100 ounce gold bar3
100 gram gold bullion bar | 24ct Pure Gold
This classic bullion gold bar offers all the outstanding advantages of bullion investment, in a 100 grams weight. Each very good value certified 100 grams bar is extremely pure, and beautifully engraved with its weight, gold content and minting details.
Benefits of our bullion
100 ounce gold bar4
Our 100 grams gold bullion bar is supplied by LBMA refineries, and sold to you using real-time pricing, so you can be certain that you are getting true value. When you buy gold, it comes with free vault storage or insured delivery and we’ll happily buy your gold back at any time.
Dimensions of gold bar: The approximate dimensions are 27mm W x 48mm L
Weight (grams): 100
Fineness: 999.9
Stock: In stock
100 Gram & 1 Kilo Gold Bars
Convert goldgrams into bars of gold
At GoldMoney you can take physical delivery of your gold in convenient 100 gram and 1 kilogram (1,000 gram) bars.
To convert your goldgrams into one or more GoldMoney bars, log into your Holding and select “Bar Delivery & Registration > GoldMoney Gold Bars”. Next, choose the quantity of bars you would like to receive and specify whether you want them shipped to your home address by insured mail or whether you want to collect the bars from Baird & Co. Ltd. in London. Baird & Co. Ltd. is a major UK refiner, which works with GoldMoney to produce our smaller gold bars.
Your order will be processed within one business day, and you can track the status of your order on the “Bar Delivery & Registration > GoldMoney Gold Bars” page.
All the gold bars stored in our vaults are 400 ounce London Bullion Market Association Good Delivery bars, so before you can take delivery of 100 gram or 1 kilogram gold bars, a 400 ounce bar first needs to be melted down and recast.
The fee for manufacturing a 1 kilogram bar is 2.75% of its fine weight. So for a 1,000 gram bar you pay 1,027.500 goldgrams. Converting goldgrams into a 100 gram bar costs 4% of its fine weight, which is a cost of 104gg for a 100 gram bar.
Convert your GoldMoney gold bars back into goldgrams
You can personally deliver or ship your GoldMoney bars back to Baird & Co. in London and receive goldgrams in your Holding. The bars must be in good condition and show no signs of tampering (i.e., marks or chips that indicate some of the gold content may have been removed). A 2% fee will be charged for each returned bar. Therefore, a kilo bar return will result in a 980gg addition to your Holding. A 100 gram bar return will result in 98gg being added to your Holding. Please contact us first before attempting to return GoldMoney bars to Baird & Co.
Posted by admin on Wednesday Jun 29, 2011 Under Gold Jewellery
Gold – Jumping the Track Or Reaching a Routine Target?
When looking at longer time frames using technical analysis/charting, it is often appropriate to use a log scale price chart versus using a linear scale price chart for shorter-term time frames. But at what exact time frame should you switch from a log scale chart to a linear scale chart and what are the exceptions? Well, the answer is that we are dealing with art as much as science when using technical analysis.
But while doing my weekly exercise in charting the Gold universe, I found an interesting discrepancy in the Gold chart between its current price level and its prior speculative price peaks earlier in the secular Gold bull market. As an aside, the secular Gold bull market is far from over, so these are only short-term considerations. However, these charting issues could have quite profitable short-term implications for those riding the Golden bull.
Without further ado, here are the charts that have me intrigued. First, a log scale chart over the last 7 years of this Gold secular bull market ($GOLD) thru Friday’s close:
adam brochert gold versus silver
Great news and it means we have plenty of upside potential left for the current Gold run. However, the linear scale chart over the same 7 year period demonstrates an interesting and slightly different trend line situation:
adam brochert gold versus silver1
So, which chart is correct? Are we heading to a routine price target or jumping the shark and entering a more aggressive phase of the Gold bull market? The answer, I believe, is the latter. I base this partly on the recent action in silver, which has far outperformed Gold over the past year. Here is the linear scale chart of silver ($SILVER) over the same past seven years:
adam brochert gold versus silver2
Obviously, silver is in a new linear trend, but it presumably would stop at it’s log scale trend line – or would it? Here’s the log scale chart of silver over the past 7 years:
adam brochert gold versus silver3
The “hot” money has made a boatload of cash in silver and there’s likely still more to be made in this intermediate term run for the white metal. However, rotation of speculative money into Gold has likely begun and things could be just starting to heat up. As Sinclair has been saying, $1650 is in the bag for this run. However, could we also be looking at jumping the log scale trend line on this move like silver has done?
It certainly feels like the right time during this bull market in Gold for the transition to begin. The log scale trend line in Gold is likely to result in short-term profit taking as the linear scale trend line did in silver. However, I think it would be just another buying opportunity if it happened.
When the Dow to Gold ratio gets below 2, then I might consider starting to look around for other investment opportunities and selling some physical Gold. When I do sell some Gold, it will likely be in order to buy Gold stocks with the proceeds, which will likely peak after the Dow to Gold ratio bottoms (as they did in the previous two cycle nadirs in the Dow to Gold ratio). Until then, I’m just going to keep enjoying the ride in Gold.
Silver – About to Explode?
Most Gold bulls are silver bulls. The 1970s is the reason why and because inflation that occurs when a secular commodity bull cycle is in effect tends to flow into both precious metals. I have been less than wildly bullish on silver lately.
I own some physical silver but hold much more Gold. My concern is simple. In past deflationary cycles, Gold has done well but silver not as well. Since I favor deflation over inflation for this cycle, I heavily weighted myself towards Gold and only hold a little silver. I even made the stupid mistake of shorting silver a few months ago and had my a$$ handed to me.
Silver made a big move today and a short-term break out. Silver can make explosive moves up and down and with a push slightly higher, silver will have a confirmed breakout that targets new highs for the decade. Unlike Gold, silver is still a ways from its all-time nominal high around $50 during the last silver bull market in the 1970s. If silver makes new highs in the next few months, the deflation scenario won’t be looking so good.
Though I have believed deflationary forces were too powerful to be overcome by government intervention, global capital flows and/or an insane level of intentional wasting of money may prove to be too much. If silver breaks out to new highs for the decade, the deflation argument is going to look mighty thin. I remain hedged with Gold, as an inflationary holocaust means that Gold will peak in the $5,000-$20,000/oz range instead of the $2,000-$3,000 range. Either way, Gold holders will win over general stock holders. However, in a heavy inflationary environment, I believe silver has greater upside potential than Gold. Needless to say, I am going to hang on to my remaining physical silver until I see how this one plays out.
Here’s a daily chart of the silver ETF (ticker: SLV). This ETF doesn’t hold the silver it claims to and is believed fraudulent, but is being used for charting purposes because it can show volume. Silver bulls are advised to hold physical bullion as their core holding. I am not saying this ETF can’t be used for short-term trading, but paper is paper and metal in your possession is metal in your possession. Anyhoo, here’s a one year daily candlestick chart of SLV:
adam brochert gold versus silver4
Here is a long-term weekly chart of silver ($SILVER):
adam brochert gold versus silver5
Mr./Ms. Market is always right and those of us trying to keep up with him/her have to be flexible. I am learning not to fight the tape and instead embrace it. If my deflationary stance proves wrong and the government bond market is no longer relevant, so be it. As a Gold holder, it doesn’t matter to me – heads I win, tails I win more. Silver is on the verge of sending out a powerful warning to the deflationists to reconsider. If it occurs, I’ll be among the first skeptics to give it props and respect the move. If it doesn’t, I promise not to act like I saw it coming all along, as today’s move in silver was not what I expected.
Posted by admin on Wednesday Jun 29, 2011 Under Gold Jewellery
Gold Prices Per Ounce Comparison
At Cash For Your Gold we frequently speak about how proud we are to offer our customers great prices for gold. We even have got our Price Guarantee scheme which ensures that you in fact get the best rate for your old gold pieces.
We have noticed that many of the dealers offer really poor rates or even worse do not display rates at all.
In the second case it is really easy to fall victim of hidden refining and admin charges.
When you are dealing with us, you effectively are dealing with metal refiners directly and thus not only you save on the costs of so-called ‘middle man’ but also can rest assure that the transaction is secure and there are no additional charges.
For the sake of transparency within the industry yet again we set high standards and introduce new feature on all of our sites, The Scrap Gold Prices Comparison Table that allows you to quickly refer to major scrap gold buyers in the UK and determine where you can get the best rate.
Dealers included in the table work on a daily fixed price if you would like to try something different and make a sale best on the current gold rates we offer alternative service based on the London Gold Market real-time quotes
How to Calculate Scrap Gold Prices Per Gram
gold prices per gram
If you’re hoping to sell scrap gold in the form of gold fillings, gold jewelry, a gold tooth, or gold extracted from an electronic device to a scrap gold buyer, then you may want to calculate scrap gold prices per gram to figure out how much you should be selling for. You can figure out the value of scrap gold using an online calculator or do the calculation manually.
Learn how to find scrap gold prices per gram when you recycle scrap gold through dealers and turn it into cash.
Find scrap gold prices per gram by calculating it from today’s gold price. Determine the current price of gold at Goldprice.org or any website that tracks the gold market. The price of gold fluctuates daily and is measured in troy ounces, or about 31 grams.
2-Divide the price of gold dollar amount by 31.1035 grams and round off to the nearest cent. For example, if on a given day the current price of gold is $1000 per troy ounce, then the price per gram equals 1000 divided by 31.1035, or $32.15072. Rounded off to the nearest cent, you get $32.15.
3-To find out how much your scrap gold is worth, sort it and then weigh it. Divide the scrap gold into categories according to 10K (karat), 14K, 24K, etc. Note the fineness using a magnifying glass if necessary. Don’t include any items that are gold-plated in your pile of gold scrap.
4-Use a gram scale to weigh the gold. Or, if you have a lot of gold scrap, weigh the gold on a scale that accurately weighs ounces and convert ounces to grams. If you have 1 ounce of gold, you have about 28 grams of gold.
5-Multiply as follows to calculate the value of scrap gold sorted by karats:
For 10 karat (10K) gold, multiply the day’s price of gold per gram (the number you got in Step 2) by .4167.
For 14 karat (14K) gold, multiply the gold price per gram by .5833.
For 18 karat (18K) gold, multiply the current price of gold per gram by .75
For 24 karat (24K) gold, simply use the price of gold per gram.
Note: If you have a different karat weight, simply divide the karat by 24 to get the decimal to use.
6-Multiply the number you got from the previous step times the number of grams of the gold fineness you’re pricing. That is the current price of gold scrap on the market. Be aware that when selling gold scrap to scrap gold dealers, you may get from 10 to 50 percent less than the market value. Part of it depends on how much scrap gold you sell.
7-If you have trouble with these instructions to manually calculate the value of scrap gold, try the online scrap gold calculator at sites like GoldPrice.org or Dendritics.com to help you figure out some of these calculations. You’ll still have to weigh the gold and calculate how much your gold is worth, but these can calculate the gold price per gram for you.
gold prices per gram3
The carat price of gold (gold price per gram) varies from time to time subjected to demand as well as supply ratio of that particular carat of gold. However, under the present circumstances the gold price per gram UK is pretty high and it is a very good time for all those who wish to sell gold.
Start selling your gold and calculate the gold price per gram with our live gold calculator. The selling process is so easy, fast and secure. Try out today!
Gold was used all through history as money or as a substitute for money and was always a virtual standard counterpart for money explicitly related to a particular economic area or country.
Several countries of Europe had applied gold standards – the value of gold price per gram UK during the later half of the 1800s until all of it was torn to pieces in the financial crises during the Wall Street Crash.
Since the year 1919 the major yardstick for calculating the gold price per gram UK has been what is called the London gold fixing, a telephone conference of the representatives from some major bullion-trading concerns of London.They are the ones who fix the prices according to the carat of gold. Be it 9ct gold price, 18 ct gold price, 22 ct gold price or 24 ct gold price, it is these very people who fix the gold price per gram UK.
Gold Price Per Gram
gold prices per gram2
Are you intending to sell your personal gold, like jewelry, fillings, tooth, or gold extracted from personal goods. Then you would probably want to learn how to calculate how much you have per ounce, or you might be ripped off. You can determine the value of your scrap goal, by using a online calculator or manually. One you find how much you have for every ounce, you can go to a gold dealer and turn the valuable commodity into cash.
Scrap Gold Prices, Price of Gold
At Scrap Gold Buyers we buy your gold priced per gram.
Of course, the scrap gold price depends on many factors such as price between oil and gold, the Dollar value, economical stability, the gold buying institution and individual price of gold. With the price of gold per gram we do not get into the argument of how many grams in an ounce of gold. The scrap gold price for one ounce of pure gold can be used as a basis in many countries.
The scrap gold price per gram below is what you will actually receive from Scrap Gold Buyers, we do not deduct a refinery fee to inflate the price of gold per gram we offer you and steal it back in small print and hidden charges.
The scrap gold prices per gram are what we pay you.
gold price per gram2
Gold price per gram
9 carat gold £ 10.58 per gram
10 carat gold £11.75 per gram
14 carat gold £16.45 per gram
18 carat gold £21.15 per gram
22 carat gold £25.85 per gram
24 carat gold £28.20 per gram
Gold coin prices Sovereigns £ 204.22 each
Half sovereigns £ 100.82 each
Krugerrands £ 801.35 each
Half Krugerrands £ 400.68 each
Quarter Krugerrands £ 199.05 each
Tenth Krugerrands £ 80.14 each
Every gold seller has to understand the assets of gold sovereign prices and price of gold in general. Remember, with scrap gold prices so high every gram of gold counts.
The condition and the quality of your coins have an effect on gold sovereign prices. A lot of collectors value an excellent opportunity to get a part of classic world’s gold heritage paying attention mostly at the UK and Australian gold sovereign prices. It’s a perfect way for a smart investment. We set gold prices per gram so you know exactly what to expect from Scrap Gold Buyers.
After uncertain months (January and February 2010) the metal scrap prices finally changed to unprecedented level. It has never been that way since August 2008. And so far this year could be the strongest one in scrap prices history. Few factors that had a meaning influence on scrap prices were increasing mill capacity rates, economical crisis, and scarcity of scrap.
The current situation can be a positive point for scrap sellers, who want to get equal cash for their scrap metals. If you come to the scrap buyer for certain information, you never know how it turns in the future deal. The leaders of scrap industry nowadays give a fixed price for any precious scrap metal. At least it will continue during March and April 2010.
Calculating the scrap price in your native currency won’t give that much of difference if you count the interest between USD, GBP and JPY but, of course, the price for scrap metal is slightly different in other countries (mostly it depends on the scrap buyer). Usually scrap buyers clear yours funds for the scrap metal during the same day, so you always keep the process of the deal in your hands.
In general the scrap prices will vary between 80-95% from the natural price of this metal on official market. The amount of cash you don’t get goes to scrap buyer for melting, reworking and selling it back to other dealers.
Recorded deals will save you from scam and being ripped off.
Weight (ounce or grams), value (9ct, 14ct, 18ct, 22ct, or 24ct) and accuracy will be a constant guarantee for a successful deal and acceptable scrap prices. Please, note there are 31.1035 grams per troy ounce.
Scrap metal calculator, usually available at online scrap buyers resources will be a big help in validating the scrap price. If you hope to sell your scrap and get a profit from it, you have to know the scrap price in advance to know how much you can sell it for.
You can get a better idea of selling your item if you know enough about the process, so knowledge is your perfect tool during the sale! If you have a trouble with all this, it is best to choose a professional scrap buyer and get all the advice from the legal dealer.
The media coverage regarding developments in the platinum and palladium markets has been overshadowed by action in the gold and silver markets recently.
Almost unnoticed by the public, the platinum price climbed up to $1,845 per troy ounce in early May.
Growing investment demand has been an important reason for the recent price rally, as was reported by the German precious metals trading group Heraeus.
A large number of long positions in the form of ETFs or futures and options have been acquired in the financial markets.
However, the Heraeus analysts are still sceptical in regard to the future outlook of the platinum price.
Platinum did not manage to hold at $1,845 per ounce, which resulted in a price setback to around $1,800.
Despite rising investment demand at the global platinum markets, analysts at Heraeus are sceptical about the potential for further price gains.
In their view, investors should act cautiously, since the economic environment is deteriorating in most of the main consuming countries.
The health of the automobile industry is crucial to the development of the platinum price, given the metal’s usage in constructing catalyst systems.
Car sale data for Europe is mixed. A total of 1.18 million vehicles were sold in the month of May, corresponding with an increase of 7.9% compared with the previous year. Despite this growth, car sales have declined by 0.7% year-to-date, Heraeus stated.
European car markets appear to be diverging. German car sales have grown by 22% year-to-date, while French sales reached 4.8% in the first five months of 2011. In contrast to Germany and France, no significant improvement has been noticed in the UK, Italy and Spain.
Austerity measures in countries like Greece are hurting consumer demand, with a knock-on effect on the car industry.
German demand has been boosted by a pick-up in German exports in the last two years.
Rising investment demand has also driven the palladium price higher in the last couple of weeks as well, the price recently hitting $817 per ounce – a three-month high. However, as with platinum, Heraeus questions the durability of the palladium rally.
US car sales were unexpectedly bad in May – falling by 4% – owing to the country´s deteriorating economy and rapidly rising petrol prices.
Moreover, China’s automobile market – which has grown rapidly in the last two years – is also slowing significantly. 1.04 million vehicles were sold in China in May, corresponding to a decline of 10% year-over-year.
Experts expect the demand for palladium to fall significantly unless there’s a turnaround in the Chinese and American car markets soon.
Nymex palladium demand did however grow during the Heraeus reporting period by about 25%. While ETF purchases among global investors stagnated, physical palladium buying in form of bars picked up strongly. 1kg bars are currently sold out and new deliveries are delayed.
Scrap Platinum Prices UK
Prior to 1975, there was no requirement for an item of jewellery containing platinum to be hallmarked and no common standard regarding purity. Therefore, older pieces of jewellery may simply have a ‘plat’, ‘pt’ or ‘platinum’ markings. These pieces will need to be tested by us to determine the platinum content.
There are now four accepted levels of purity for platinum, as shown in the table on the right.
Typical items we purchase that containin platinum include:
Wedding, engagement and eternity rings
platinum watches
platinum coins and bullion
industrial and scientific items such as platinum crucibles & thermocouples.
We accept all purities of platinum.
Our platinum price is the same for hallmarked and non-hallmarked items.
Testing is usually completed on the day of receipt and for customers who elect to have payment into their bank account, funds are transferred by 5pm on the same day.
Here are the minimum scrap platinum prices that you’ll get if you register your claim today:
Purity £ / Gram £ / Penny Weight £ / Ounce £ / Troy Ounce
850 Platinum £24.55 £38.18 £695.99 £763.58
900 Platinum £26.00 £40.43 £737.10 £808.68
950 Platinum £27.44 £42.67 £777.92 £853.47
999 Platinum £28.86 £44.88 £818.18 £897.63
Platinum jewellery demand surging in India 22nd January 2009
cost of platinum per gram1
Indian consumers are showing an increasing interest in purchasing platinum jewellery at the current depressed prices, according to a new report published today (22nd January) by Dow Jones.
The country is the biggest gold market in the world but the gap between the yellow metal and platinum has shrunk considerably in the past year, with the latter losing around 25 per cent of its value.
As a result, jewellers have noted that consumers – particularly those between the ages of 25 and 35 – are beginning to purchase platinum items such as wedding and engagement rings in their droves.
Vijay Jain, Chief Executive of leading chain Orra, told the news provider: “The earlier perception of platinum as a premium metal has changed to an extremely aspirational one following the decline in prices.
“Daily platinum sales in our 30 stores have risen to around 25 per cent to 40 per cent of our total sales in January compared with ten per cent to 15 per cent in the previous months.”
Jewellers have been increasing their stocks of platinum and Orra has capitalised on the demand by launching a new range of rings for couples, which has so far proved to be hugely popular.
Indeed, the surge in sales of platinum jewellery has bucked the overall slump in the industry as a whole, with the volatility of gold in 2008 having an impact on sentiment towards the metal.
“In certain markets such as Chennai, demand [for platinum jewellery] would be strong in the coming weeks because of the wedding season which falls during the October-March period,” Vaishali Banerjee, Manager of the Indian arm of Platinum Guild International, told Dow Jones.
The current price of platinum in local Indian markets is around 1,600 rupees per gram, in comparison to gold’s value of 1,361 rupees per gram.
Why is Platinum Much More Expensive Than Gold?
cost of platinum per gram2
is a hypoallergenic virtually pure precious metal. Jewelry stores who sell high quality platinum offer 950 Grade (95% pure platinum) jewelry. Anything less should not be considered either pure or hypoallergenic or of substantive quality.
This means that 95% of the content of a piece of platinum jewelry is pure platinum and 5% is another platinum group alloy such as palladium, ruthenium, or iridium. Most of these alloys are excellent choices to mix with platinum jewelry, but palladium and ruthenium should be considered top choices.
In addition, unlike white gold, platinum does not require rhodium plating for maintenance.
Platinum Purity Compared to Gold
Platinum is 30 times rarer than gold!
Compared to 14k gold (which is only 58% pure gold or 14 of 24 parts gold) or 18k gold (75% pure gold or 18 of 24 parts gold), platinum can cost significantly more due to its purity and value as a rare precious commodity.
Orko Silver Provides Update on Technical Studies to Advance the “La Preciosa” Project in Durango, Mexico, Toward Feasibility
Orko Silver Corp.
announced that excellent progress is being made in the technical studies to advance the “La Preciosa” Project in Durango, Mexico, toward feasibility. The proposed Preliminary Economic Assessment (the “PEA”) has been delayed on a number of occasions.
The reasons for the delays are purely logistical/technical in nature, and have no bearing on the viability of the La Preciosa Project.
Earlier this year, Pan American Silver Corp. retained Snowden Mining Industry Consultants Inc.
to carry out detailed studies on the various developmental aspects of the La Preciosa deposit.
Snowden has completed much of this work and is on track to issue the PEA, as well as a new NI43-101 compliant resource estimate near the end of July, 2011. Orko has retained AMEC Americas Ltd., to carry out a technical review and audit of the Pan American and Snowden work to date.
Pan American, Orko and the consultants are working together to develop technically superior solutions to enhance and streamline pre-production design parameters at La Preciosa. Recent modeling studies have indicated that a combined Open Pit and Underground scenario is more attractive. It has taken detailed analysis to come to this conclusion, and this work has contributed to the delay in the completion of the PEA. Additional ongoing studies include finalization of the open pit and underground modeling, detailed metallurgical testing, geotechnical work, condemnation drilling, tailings and waste rock disposal, community relations, environmental studies, water sourcing/dewatering, land acquisition and road construction. Positive results of the work to date have enabled Pan American Silver to approve a $9,000,000 expenditure to take the project through feasibility, which is due to be completed by the end of April, 2012.
Orko Silver Corp., Annual General Meetings
Orko Silver Corp., Annual General Meetings, Jul 15, 2011., at 10:07 Pacific Standard Time. Location: Suite 1700. Agenda: To receive and consider the audited financial statements of the company for the year ended October 31, 2010, together with the auditor’s report thereon; to appoint auditors for the ensuing year and to authorize the directors to fix the remuneration to be paid to the auditors; to elect directors for the ensuing year; and to consider, and ratify the company’s Shareholder Rights Plan and to authorize the directors to make such changes to the Shareholder Rights Plan as may be required by the securities regulatory authorities without further shareholder approval.
Orko Silver and Pan American Silver continue to advance the La Preciosa project.
Orko Silver Corp. (under previous name “Orko Gold Corporation”) entered into an option agreement in late 2003 with two companies under the direction of Luismin S.A. de C.V., now a part of Goldcorp Inc., to acquire an interest in the La Preciosa silver-gold prospect. A news release, dated 4 March 2006, states that Orko has reached an earn-in position and by agreement has 100% of La Preciosa, with Goldcorp holding an equity interest in Orko.
La Preciosa property is located in Durango State, 47 km northeast of the city of Durango. It consists of a block of mineral exploitation concessions covering 32,400 hectares (80,000 acres) located southeast of the village of Francisco Javier Mina, northwest of the village of Francisco I. Madero and east of the village of Ricardo Flores Magon.
La Preciosa property covers Tertiary aged gold and silver bearing epithermal quartz veins, with barite and lesser quantities of base metals, primarily zinc and lead. There are three major vein and vein-breccia systems exposed on a series of hills and ridges, separated by flat floored valleys roughly 800 m wide. The main vein system consists of northward striking and westward dipping veins, plus east striking south dipping cross-cutting veins. The eastern vein-breccia system (Zona Oriente) strikes northwest. Two systems may intersect to the north beneath younger basalt. To the west of these is a third sub-parallel vein system, with north and northwest trending veins, dipping to the west.
La Preciosa veins are composed of poly-phase veins of quartz, often banded, smoky, chalcedonic and amathystine, with a substantial amount of barite laths. Sulphide mineralization is scarce on surface and in the shallow underground workings. Drill core contains disseminated sphalerite, galena, pyrite and acanthite, plus iron and manganese oxides. Wall rocks adjacent to the veins are silicified, particularly between the prominent veins La Gloria and Abundancia. Kaolinite and hematite alteration is common, as well as more distal propylitic chlorite, epidote and pyrite.
orko silver corporation
Orko Silver Corp. Daily Chart
Orko Silver Daily Chart
Seeing as Orko Silver Corp. has had quite a pullback as of late I thought a new review might be in order. We’ve had Orko Silver reaching a previous high of around $2.92 and then dropping to $2.10 which is a drop of nearly 30%. Lots of investors might be thinking what the heck is going on but I can tell you that Orko Silver is not alone. Most if not all silver and gold stocks have retraced by those amounts. Check out for instance Great Panther, Impact Silver and so many more miners.
My stockhouse portfolio which is comprised of mostly silver and gold stocks also took a nose dive from 105% up to somewhere in the +70% up regions so nothing all too strange going on there. It is thus not just Orko…it is across the entire board.
Lots of analysts also have been calling for a top in gold and screaming for a pullback. Well…since a couple of days gold and silver indeed have cut back on the brakes a bit. When that happens, no matter what but the miners will be sure to follow and %30 off on some of them ain’t really that big of a deal. That is to be expected and doesn’t really ruffle my feathers.
With Orko Silver we seem to have a decent level of support around $2.10 which acted as support before and is also the level to which we’ve had a run-up on 2 previous occasions, one in October and one in November 2010. So normally we should find some buyers around this level which will validate the support zone. Anything below $2.10 is a bargain when Orko Silver is concerned.
I’m not calling a bottom here mind you, just stating the fact that we are at support. The chart also shows on the Williams graph that we are heavily oversold and I’ve also marked some earlier buy occasions according to the Williams graph. We are now again at a reasonable buy level.
On the ADX chart we can clearly see -DI taking over and confirming the downtrend we’ve had as of late. The blue ADX line is still below 20 so technically we are experiencing a weak downtrend. I know how this sounds when we are down 30% but that is what the chart is telling me. For a stronger downtrend to be experienced we will have to get below $2.10 and that hasn’t quite happened.
MACD is in the negative area and also confirms the down. It is still gapping downwards and as of this moment doesn’t show a reversal but that doesn’t mean we will go further down. We will have to wait a few trading days and see if this support zone will hold.
On the chart we can also find the negative divergence where we see the share price of Orko increasing with lower highs on the MACD graph. A good moment for day or short term traders to exit and take profits would have been early January.
The next support zones are to be found around $2.00 and $1.80. Lets hope it doesn’t get that far though. I’m not that negative so I’m guessing we will hold support. Those who noticed, the last couple of months Orko has been in a rather big trading zone between $2.10 and $2.90 so lets hope that during these down days for gold and silver we keep bouncing between these 2 levels. Might be profitable for some day traders to trade support and resistance. For long term holders this doesn’t apply of course.
That’s about all I can say for now. On the weekly chart the down begins to appear on the charts but hasn’t taken over just quite yet. Weekly we are still alright.
(Fortuna) is engaged in silver mining and related activities, including exploration, extraction, and processing.
It operates the Caylloma zinc/lead/silver mine in southern Peru and is developing the San Jose silver/gold project in Mexico.
The method of production at Caylloma consists of underground mining. During the year ended December 31, 2009, the mine and processing plant operated at an average rate of over 1,100 tons per day (tpd) with production sourced primarily from the Animas Vein. On February 2, 2010, the Company made a discovery of silver-gold mineralization in the upper portion of the Animas Vein at the Caylloma Mine in southern Peru. The San Jose Project is a silver- and gold-bearing epithermal vein system in southern Mexico. Its subsidiaries include Fortuna Silver Barbados Inc., Continuum Resources Ltd., Minera Bateas S.A.C. and Fortuna Silver Mines Peru S.A.C. In March 2009, Fortuna acquired Continuum Resources Ltd.
Fortuna Silver achieves better than expected start-up production rate
Canada’s Fortuna Silver Mines Inc said it achieved a better start-up production rate than it had previously forecast and expects to more than quadruple metal production by 2019.
The miner said it reached start-up production rate of 1,000 tonnes per day (tpd) compared with 750 tpd it had forecast in a feasibility release in April 2010.
Fortuna said it expects to reach a production capacity of 1500 tpd by the fourth quarter of 2013, earlier than its previous forecast of 2016.
The company said it expects total metal production to more than quadruple to 21.6 million ounces of silver and 172,815 ounces of gold by 2019.
“This should translate into higher initial silver and gold output in a very favorable metal price environment,” the company said in a statement.
Shares of the Vancouver, British Columbia-based company were trading up slightly at C$5.22 on Wednesday morning on the Toronto Stock Exchange. (Reporting by Amruta Sabnis in Bangalore; Editing by Roshni Menon)
Gold bullion spot price chart reflects the current market price of gold on a given day shown in traditional troy ounces and kilos. A troy ounce of gold equals 31.1 grams that many novice gold investors find surprising. A troy ounce measuring system for precious metals is believed to be invented in France in a town of Troyes sometime in the middle ages. Ever since then gold price per ounce has been traditionally expressed specifically in troy system of measurements.
Checking gold bullion spot price chart is easy, arrange to have current gold charts e-mailed to your inbox or your cell phone to stay informed what the current gold open and close prices are. You can also customize gold bullion spot price chart to include your preferred currency, namely, USD, AUD, EUR, YEN, GBP or else. Many leading gold price analysts recommend you start studying gold bullion spot price charts on a regular basis, this way you can start seeing patterns and similarities in the current price of gold in relation to major economic trends.
Gold bullion spot price chart is the foundation for gold bullion trading industry since the gold bullion prices are mainly comprised of 3 major factors, spot price of gold, bullion manufacturing costs and dealer premiums. Modern day investors have a plethora of gold bullion products to choose from ranging from small bars weighing in at a fraction of ounce to massive bars all the way up to 100 ounces of pure gold. The higher the weight of the gold bar, the cheaper the gold bullion cost is per ounce. Sometimes it does pay to buy gold bullion bars of heavier weights if you can afford them.
In order to evaluate gold bullion price today, sign up to any free web resources providing you with up-to-date gold price fluctuations.
Spot Silver Prices in Kilo | Silver Prices in Indian Rupees
gold and silver prices in indian rupees
gold and silver prices in indian rupees1
Gold & Silver Prices
Gold and silver prices are currently traded with moderate falls after they have been rising since April 13th, for eight straight business days. Will these falls continue throughout the day and signal a change in direction?
Let’s examine the news and events that might affect current gold and silver prices as of April 26th:
Gold and silver prices for April
Gold and silver prices keep their uprising as gold price is still hovering over the 1,500$ mark and silver price passed yesterday the 47$ mark. As of yesterday April 25th, silver price has risen by 25%, while gold price increased by 5.6%.
gold and silver prices in indian rupees 2
The gold to silver ratio: As of yesterday, April 25th the ratio between gold and silver prices reached a new low and reached 31.99 – This drop is mostly due to the ongoing rise of silver prices at a higher rate than gold prices. The ratio could be interpreted as one troy ounce (31.1 gram) of gold is worth 31.99 troy ounces of silver.
gold and silver prices in indian rupees3
There is also a decline in correlation of the daily percent changes of gold and silver prices as it is at +0.75 – the lowest level since February 2011.
gold and silver prices in indian rupees 4
The Indian connection
Indian, the largest consumer of gold worldwide is likely to have a correlation between its currency and gold and silver prices.
As seen in the chart below, the correlation of the daily percent changes between gold and silver prices and USD/ INR exchange rate has been declining and the correlation of gold with USD/ INR fell from -0.49 during March to -0.16 during April 2011.
gold and silver prices in indian rupees5
Gold Buying Trends of Kerala, India
Old for new: In comparison to other states, Kerala has a higher percentage of exchange of gold ornaments rather than purchasing new ones. That accounts for almost 60% of a day’s business. The frequency of exchange is almost once in six months for a middle class customer.
A change from the usual: The wearer is looking for something different since Keralites prefer to wear their ornaments frequently rather than only for some special occasion. Though fashion-conscious, most women like to wear something different from the next person, and not imitate them.
Go for it: The most frequently changed items are chains and bangles with the designs changing every two months.
Exchange value: In an exchange of old for new jewellery, the price varies from 10-15% for thicker ornaments and 30-35 % in case of delicate stuff. Old gold is Rs 10 less than the new one. On a day to day basis, for every 100gms sold, old gold business is about 70 gms among all jewellers. The gold (old) is purified using acids to remove copper content and dirt and it is this primary gold that is used for making new ornaments and jewelry.
Yellow metal: Purity of gold is measured in carat (North American spelling karat) and this is tested through a carat machine or manually. While Standard gold is 24 carat (100% pure gold with millesimal fineness 999), in India, it is 22 carat or millesimal fineness 916, ie., 91.6% pure gold and the rest includes metals like copper and silver. In Kerala, the percentage of copper is more than the silver giving the ornaments a reddish tinge and hence doesn’t break easily. Gold is also sold in 18ct or millesimal fineness 750 (75% pure gold).
Pure and fine: The latest method of gold purification is cadmium soldering in which the alloys present get completely varpourised and gives pure gold. The traditional method, the gold after soldering still contained alloys which remained mixed with the yellow metal.
Live Silver Prices
By popular demand, here are live silver bullion prices in US Dollars.
All prices are per troy ounce.
These prices are live, but you will need to refresh this page to update them, click on refresh, reload, F5 or CtrlF5 to refresh.
Spot Silver Price in Major Currencies Per Troy Ounce
current price of silver per troy ounce
Current Price Of Silver Per Troy Ounce
Rising Uses and Value of Silver
current price of silver per troy ounce4
Silver is a whitish precious metal and has been used since about 4000 BC for various purposes such as money, silverware, jewelry and so on. Silver is measured in troy ounces. A troy ounce is about 10 percent more than the avoirdupois ounce. The avoirdupois is a weight system which is based on a pound which contains 16 ounces and also equals 453.59 grams. The current price of silver per troy ounce, per gram, per ounce or per kilogram is available in various websites and one can know the price in dollars, yen or in any other form of currency.
The price of silver keeps fluctuating having its ups and downs. This depends on the supply and the demand for the precious metal. Many experts predict that the price of silver is sure to go up in the next ten years due to the shortage of supply and the huge demand for the metal in various electronic applications, medicine and photography. After knowing the current price of silver per troy ounce, one can invest in silver bullion such as silver bars or coins or in exchange traded funds (ETFs).
Silver or Gold
Many investors are plagued by the question of whether to invest in gold or silver. There are many reasons why one should invest in silver today. The current price of silver per troy ounce makes it a very attractive proposition. During the bull markets, silver has always had a great increase in prices. In some cases, it has also been noticed that silver has tripled from the current price of silver per troy ounce, whereas gold has only doubled
Increasing industrial demand
Silver also has plenty of industrial applications, which makes its demand a permanent one, whereas gold is used only for ornamental purposes and aesthetic ones. In the electronic age, these uses are increasing day by day. The industrial demand will definitely end in increase from the current price of silver per troy ounce. In fact the supply of silver is not able to keep up with this demand. Mine production and secondary recovery has fallen short of industrial demand for the past fifteen years. Even aboveground supplies are extremely short.
Easy storage
Hence, considering the current prices of silver per troy ounce, it is recommended that people invest in silver if they are capable of handling the bulk and the weight. It is popular to invest in silver bars as these are uniform in size and are easy to handle and convenient to store. Hence, you can store a great deal of wealth in a small storage area. Always buy silver bars with hallmarks and after checking out the current price of silver per troy ounce.
Silver Market
current price of silver per troy ounce1
Silver bullion is traded based on the spot or market price, which fluctuates with the market. The price is given in U.S. dollars per Troy ounce. Because of fluctuations in the markets, you are urged to call to get the current price and firm price quote. The cost to an investor to purchase Pan American silver bullion is calculated on spot plus a premium which is included in the price below.
1-800-344-6468
Call for a current price quote. (Monday through Friday, 7:00am to 5:00pm Pacific Time).
Pan American 100 Troy Ounce Bars Now Available.
Pan American Silver Bars are now available in 100 Troy Ounces, at prices indicated below. These bars are stamped with a serial number and individually boxed.
Spot Prices
Gold $1,506.92
Silver $34.28
Palladium $747.00
Platinum $1,709.00
Sell Price Per Ounce
50 to 99 $35.78
100 to 499 $35.58
500 to 999 $35.48
1000 to 4999 $35.38
5000 or more $35.33
Minimum order is 50 ounces ounces
Buy Price Per Ounce
1 or more $34.12
Our minimum purchase is 1 ounce
100 Ounce Bar Sell Price Each
1 to 4 $3,538.00
5 or more $3,523.00
Minimum order is 1 bar ounces
100 Ounce Bar Buy Price Each
1 or more $3,412.00
Our minimum purchase is 1 bar
Minimum quantity for Pan American Silver is 50 Troy ounces. Price is based on the total quantity of Pan American silver purchased; sizes can be mixed.
Price is in U.S. Dollars based on current spot or market price per Troy ounce plus a premium per Troy ounce.
Packaging
current price of silver per troy ounce3
The 1 Troy ounce .999 Pan American Silver rounds come packaged in durable plastic tubular containers. These rounds have the advantage of being tradable in small units. This is essential if you want to sell or trade a portion of your investment. The Pan American Silver bars come packaged in plastic sleeves and share the advantage of being tradable in small units.
Shipping & Insurance
Pricing includes insurance and shipping within the continental United States. Shipments to Alaska, Hawaii and Canada incur an additional cost of $.20 per ounce.
Silver Price History – Silver Price Chart for the last 10 years
Bursa Efek Jakarta (BEJ) or Jakarta Stock Exchange (JSX) is a stock exchange located in Jakarta, the capital of Indonesia. Established in 1992 (as it exists in its present form), the exchange had an informal existence since the beginning of the 19th Century.
JATS is the name of the computer system which is used in Jakarta Stock Exchange (JSX) for the trading of shares, rights, warrants, bonds, and exchangeable bonds.
History and Origin of the Jakarta Stock Exchange(JSX) Initially launched in 1912, under the authority of Dutch colonial government the Jakarta Stock Exchange (JSX) was reestablished in 1977. It had closed for the period of World War I and World War II.
In 1977, when the exchange was reestablished, it was controlled by the management of the newly formed Capital Market Executive Agency (Badan Pelaksana Pasar Modal, or Bapepam), which was fell under the authority of the Finance Ministry. Along with the growth of Indonesia’s
financial markets and private sector, the trading activity and market capitalization of JSX was developed, which was highlighted by an important bull run in 1990. On July, 1992, under the controlling power of Jakarta Exchange Inc., the exchange became privatized, and as a result of this, the roles of Bapepam changed to become the Capital Market Supervisory Agency. On March 22, 1995, JSX opened the Jakarta Automated Trading System (JATS).
Market Indices
companies listed on the jakarta stock exchange1
The JSX Composite and the Jakarta Islamic Index (JII) are the two major stock market indices which are utilized to measure market activities and to report about the value changes in representative stock groupings.
Based on Sharia (Islamic law) the JII was formed in 2002 to be active as a standard in evaluating market activities.
On September 21, 2005, the FTSE/ASEAN Indices were introduced by the five ASEAN exchanges (Singapore Exchange, Bursa Malaysia, The Stock Exchange of Thailand, Jakarta Stock Exchange, The Philippine Stock Exchange, and global index supplier FTSE. The indices contain FTSE/ASEAN Benchmark Index and FTSE/ASEAN 40 tradable index.
Indonesia Stock Exchange
Indonesia Stock Exchange (IDX) or in Indonesian Bursa Efek Indonesia (BEI) is a stock exchange based in Jakarta, Indonesia.
It was previously known as Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with Surabaya Stock Exchange (SSX).
As of 28 June 2010, the Indonesia Stock Exchange had 341 listed companies with a combined market capitalization of $269.9 billion.
On May 23, 2011 the Indonesia Stock Exchange increasing the number of issuers at the exchange to 425.
On April 20, 2011 the Jakarta Composite Index hits new record and closed at 3,794.76. Trading volume was about Rp.5.9 trillion ($0.68 billion) and the overall market capitalization up to Rp.3,384 trillion ($389 billion).[3]
Currently opens from 9:30 a.m. to 4:00 p.m. local time, but since March 2011 has made rehearsal opens since 9:00 a.m. at the weekends when the bourse closed and will be fully implemented in the second half of 2011. The plan to open trading at either 9 a.m. or 8:30 a.m. with closing time will remain unchanged is to accommodate trading hours which fund managers setting strategies based on Singapore and Hong Kong stock exchange
Stock Indices
companies listed on the jakarta stock exchange2
Two of the primary stock market indices used to measure and report value changes in representative stock groupings are the Jakarta Composite Index and the Jakarta Islamic Index (JII). The JII was established in 2002 to act as a benchmark in measuring market activities based on Sharia (Islamic law). Currently, there are approximately 30 corporate stocks listed on the JII.[6] The FTSE/ASEAN Indices were launched by the five ASEAN exchanges (Singapore Exchange, Bursa Malaysia, The Stock Exchange of Thailand, Jakarta Stock Exchange, and The Philippine Stock Exchange) and global index provider FTSE on September 21, 2005. The indices, covering the five ASEAN markets, are designed using international standards, free float adjusted, and based on the Industry Classification Benchmark (ICB). The indices comprise FTSE/ASEAN Benchmark Index and FTSE/ASEAN 40 tradable index. The FTSE/ASEAN 40 index is calculated on a real-time basis from 9:00 a.m. and the closing index is calculated at 6:00 p.m. (Singapore time). The FTSE/ASEAN benchmark index is calculated on end-of-day basis.
Besides Jakarta Composite Index and JII, IDX also has 4 more types of index, namely Individual Index, Sector Stock Price Index, LQ 45 Index, Main Board and Development Board Indices.
At May 12, 2011 Indonesia Stock Exchnage officially launched a new Indonesia Sharia Stock Index (ISSI), which comprises 214 Indonesian stocks which have been screened by the Majelis Ulama Indonesia (Indonesia Ulema Council).[8] Fatwa Number 80 from Indonesia Ulema Council is expected to make public no longer have any doubt to make sharia investment in the capital market to eventually increase the number of the domestic investors in the Indonesia Stock Exchange.
Jakarta Stock Exchange (JKT) .JK
What Does It Mean?
What Does Jakarta Stock Exchange (JKT) .JK Mean?
Indonesia’s first stock exchange. Founded in 1912 for the interest of the Dutch East India Company, the Jakarta Stock Exchange was closed during parts of World Wars I and II. When it reopened in 1952, the only exchanged security was the Indonesian government bond. The exchange became inactive from 1956-1977, and despite being reactivated in 1977, trading activity continued to be slow, with only 24 companies listed.
Investopedia explains Jakarta Stock Exchange (JKT) .JK
Regulatory changes between 1988 and 1992 improved trading activity. The Exchange introduced its automatic trading system in 1995 and began to implement remote trading in 2002. In 2007, the Jakarta Stock Exchange merged with the Surabaya Stock Exchange to form the Indonesia Stock Exchange.
