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On March 14, 1900, Congress ratified the Gold Standard Act, which officially ended the use of silver as a standard of United Stares currency and established gold as the only standard. The New York Times reported that President William McKinley “used a new gold pen and holder” to sign the bill.

The gold standard is a system under which ....

First, global central banks have been increasing gold reserves after many years of reducing them, now there seems to be a move towards repatriation of those reserves which are held in foreign vaults over concerns of possible confiscation ....

HSBC expects the platinum and palladium markets to move into supply deficits during 2012, underpinning prices.Analysts said auto, industrial and investment demand should improve during the year. Output from the mining sector is unlikely to maintain pace, the bank said.“Hence, we expect the supply/demand balance for both metals to move from a surplus into modest deficits, propelling prices higher,” HSBC said in a report issued Monday.

HSBC foresees the platinum market swinging to ....

Sturdy investment demand has pushed the silver price up 20 percent in the first ten weeks of 2012, outperforming platinum, palladium and gold during the period.Investors are increasingly acquiring silver in many forms.  Globally, silver-based exchange-traded-funds (ETFs) account for 586 million ounces (Moz) of silver, up from 576 Moz at the end of 2011.  Demand for physical silver bars is also strong.  According to several precious metals dealers silver bar sales continue to be brisk....

February 29 was an astonishingly volatile day in the precious metals markets. The silver market began the day by trading through resistance at $36; it cut through this level like a hot knife through butter! Silver traded all the way up to $37.58 an ounce, and gold went up to over $1792.

Then Uncle Ben Bernanke started testifying before Congress....

Gold traders are getting more bullish after billionaire hedge-fund manager John Paulson told investors it’s time to buy the metal as protection against inflation caused by government spending. Twelve of 22 surveyed by Bloomberg expect prices to ....

Global demand for gold in 2011 rose to 4,067.1 tonnes (t) worth an estimated US$205.5 billion - the first time that global demand has exceeded US$200billion and the highest tonnage level since 1997, according to the World Gold Council’s Gold Demand Trends. The main driver for this increase was the ....

It’s a chart of gold fabrication demand — including jewelry, coin, dental, electronic and other industrial uses — that I made using data from Morgan Stanley.

In a moment, I’ll tell you why this is so important for you to know. But first, let me say that I’m not disputing its data or projection of gold fabrication demand. There’s something else to this chart. Take a look …

A growing number of states are seeking shiny new currencies made of silver and gold.

Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative currency or explore it as an option. Just three years ago, only three states had similar proposals in place....

The price of gold is roaring back from its latest temporary correction, sending the bears into  full withdrawal. If you sold your gold in December as it fell to $1525 an ounce, you’re probably feeling foolish at the incredible $210  rise to $1735– a 15% move in no time at all. Gold, you see, is not a commodity like oil and copper and wheat. It is rather an alternative currency– one that  finds buyers when....