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Argentina added to its gold reserves for the first time in nearly six years in September last year as the price hit record highs, mirroring the trend among emerging-country central banks to diversify further from paper currencies such as the dollar.

Data from the International Monetary Fund (IMF) yesterday showed . . . .

Latest IMF statistics released overnight show that a dozen countries increased their gold holdings in March, continuing the trend of Central Bank purchases which has now been apparent for the past two to three years ....

Despite the Dow Jones Industrial Average and the S&P 500 suffering their worst day of the year on Tuesday, precious metals were able to decouple and climb higher. Gold futures for June delivery increased almost $17 to settle at $1,660, while silver gained 16 cents to close at $31.68. Although gold prices declined in March and had the media buzzing once again about a possible bubble, the world continues to be more interested in precious metals than ever before.

Outside of the United States, countries take their gold business very seriously. Earlier this week ....

If the global economy is really improving after five years in the sin bin, why are the central banks of the world buying gold?

That is a question which can only have a disturbing answer ....

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 ....