Buying physical gold or silver
as an investment is not always as straightforward as it sounds. Novice
investors often get lost in a variety of options: “Should I buy minted bars or sovereign coins?” “Maybe that limited edition coin would be a good investment?”
Sensible investors evaluate bullion options by the price and premium on the gold spot price. But the premium is only one part of the equation. It doesn’t necessarily mean that you’ll get that premium back upon the sale.
Worse, there are unscrupulous dealers out there. They will try to
trick you into buying numismatics and other collectibles that have a
huge premium and won’t retain their value over time.
As a result, it’s essential to get an understanding of precious metals before dipping your toes into this market.
In this article, I’ll answer some of the most important questions you should ask yourself before buying precious metals.
(Kitco News) –
After three-straight weeks of gains, cracks are starting to appear in
gold’s bullish veneer, particularly among Wall Street analysts,
according to the latest results of the Kitco News Weekly Gold Survey.
It has been a volatile week for the precious metal as unprecedented
recession fears and new lows in bond yields drove investors from equity
markets and into alternative safe-haven assets. However, the gold
market is preparing to end Friday well off its six-year high, hit
earlier in the week.
Although sentiment, especially among Wall Street analysts, remains clearly bullish, caution continues to creep into the marketplace.
Gold was little changed on Wednesday in the wake of minutes from the
latest U.S. Federal Reserve meeting, but the precious metal was trading
above the two-week low hit in the last session as stock markets slid on
fresh trade tensions.
Spot gold was steady at $1,273.68 per ounce, having fallen to its lowest level since May 3 on Tuesday at $1,268.97.
U.S. gold futures settled 0.1% higher at $1,274.20.
minutes from U.S. Fed’s last meeting showed policymakers agreed that
their current patient approach to setting monetary policy could remain
in place “for some time.”
“Not many surprises here and not many
were expected. I would note though that this Fed meeting happened before
China backtracked on the trade talks. At the next meeting, almost
certainly there will be more caution,” said Tai Wong, head of base and
precious metals derivatives trading at BMO.
NEW YORK, May 13, 2019 /PRNewswire/ — Silicon Metal Market – Overview
metal is a grey, lustrous semi-conductive metals that is used in the
manufacturing of aluminum alloys, steel, solar cells, and microchips.The
silicon metal acts as a raw material for a large number of industrial
and consumer products such as sealants, adhesives, lubricants, coatings,
demand for automobiles, portable electronics, and solar panels is
expected to be a major driver of the silicon metal market during the
This report analyzes and forecasts the silicon
metal market at global and regional levels.The market has been forecast
based on volume (Kilo Tons) and value (US$ Mn) from 2019 to 2027,
considering 2018 as the base year.
The study includes drivers and
restraints of the global silicon metal market.It also covers
anticipated impact of these drivers and restraints on the demand for
silicon metal during the forecast period.
The report also highlights opportunities for the silicon metal market at the global and regional levels.
report includes detailed value chain analysis, which provides a
comprehensive view of the global silicon metal market.Porter’s Five
Forces model for the silicon metal market has also been included to help
understand the competition landscape of the market.
encompasses market attractiveness analysis, wherein application segments
have been benchmarked based on their market size, growth rate, and
The study provides a decisive view of the global silicon metal market by segmenting it in terms of application.In terms of application, the market has been classified into aluminum alloys, semiconductors, silicones & silanes, solar panels and others.
Gold prices rose on Friday and were set to post a
weekly rise as the United States raised tariffs on Chinese goods,
exacerbating fears of a global economic slowdown, while palladium surged
more than 5% on technical buying and short covering.
The United States intensified a tariff
war with China on Friday by hiking levies on $200 billion worth of
Chinese goods. U.S. President Donald Trump said on Friday he was in no
hurry to sign a trade deal with China.
The escalation in the
U.S.-China trade dispute has weighed on stock markets worldwide and
boosted demand for assets viewed as safer.
“Gold is up today and will be up
in the short term until there is a concrete resolution to the
continuing trade tensions between the United States and China,” said Rob
Lutts, chief investment officer at Cabot Wealth Management.
Spot gold gained 0.2% to $1,286.56 per ounce and is up about 0.6% so far this week.
U.S. gold futures settled up 0.2% at $1,287.40.
“Gold is kind of inching high because of instability in the equities market,” said INTL FCStone analyst Edward Meir.
Palladium climbed 4.7% to
$1,354.51 per ounce as of 1:32 pm EDT (1732 GMT), having fallen to its
lowest since Jan. 4 at $1,263.85 in the previous session. The metal was
on track for a second straight weekly decline of about 1.2%.
“The price slide (on
Thursday) temporarily made palladium cheaper than gold again for the
first time since the start of the year,” Commerzbank analysts said in a
“The nice $70 bounce in
the palladium prices is on the back of some modest consumer buying after
the move below $1,300 yesterday and short-covering,” said Tai Wong,
head of base and precious metals derivatives trading at BMO.
For gold, the U.S.-China
trade conflict could also force the U.S. Federal Reserve to cut interest
rates, which could further support bullion prices.
Global anxiety has also
seen an uptick as U.S. bombers arrived at a U.S. base in Qatar to
counter what Washington describes as threats from Iran.
“The Iran situation is
not improving. Trump’s policies have led to a change in the dynamics.
We’re not sure whether the changes will make the situation safer or not
but the uncertainty will affect how investors see gold,” Lutts added.
Bullion was also
supported by a weaker dollar which fell after data showed a
smaller-than-expected rise in the U.S. consumer price index last month.
Silver was up 0.2% at $14.78 per ounce, while platinum rose 2.3% to $863.75.
Silver is on course to register a second straight week of declines, while platinum looks set for a third weekly drop in a row.
More than 20 years ago, teen tobacco use in the United States was at
an alarming rate with almost 35 percent of teenagers using tobacco. This
statistic is particularly significant when you consider that 90 percent
of adult smokers began smoking before turning 18.
To stem the
tide, the Truth Campaign was launched, urging teens to reject tobacco
products. The campaign began to make a difference, and over time,
adjusted its messaging to resonate with each generation’s sensibilities.
Today, a new trend has emerged — e-cigarettes — and the Truth Campaign is responding to this escalating threat.
Nursing, medical, and dental students can work as a team to improve
their knowledge of pediatric oral health–and how to work with their
fellow health professionals, finds new research led by NYU Rory Meyers
College of Nursing. The study appears in the Journal of Dental Education.
Cavities are the most common chronic childhood disease. Over the
past two decades, reports and policies have called for pediatric primary
care providers to incorporate oral health into their well visits,
including screening and referring children to dentists. Despite these
efforts, many primary care providers are not integrating oral health
into patient visits, and some report feeling unprepared or uncomfortable
in this role.
To improve interprofessional skills and collaboration between
primary care and dental providers, NYU Meyers’ Oral Health Nursing
Education and Practice (OHNEP) program-which works to help nurses and
other health professionals incorporate oral health into patient
care–developed an innovative pediatric oral health clinical experience.
In the interprofessional experience, family nurse practitioner,
medical, and dental students work as a team to assess patients. Together
they review a patient’s chart, take a patient’s medical and dental
history, perform an oral assessment, apply fluoride varnish, and educate
children and parents. Students also learn to identify the connection
between oral health and overall health–for instance, how certain
diseases or medications can affect oral health. The goal is to increase
the oral health knowledge and skills of non-dental primary care
providers while boosting dental students’ knowledge about the link
between oral and systemic health.
“Collaborative, workplace-ready students are valuable assets to any
clinical team. Our goal is for team-based, whole person care to become
the norm for promoting children’s oral health and preventing cavities,”
said Erin Hartnett, DNP, PPCNP-BC, CPNP, director of OHNEP at NYU Meyers
and the study’s lead author.
Over three semesters, a total of 162 family nurse practitioner,
dental, and medical students participated in this interprofessional
experience at a New York City hospital. Students completed surveys
before and after their participation to evaluate whether their
interprofessional competencies changed.
The researchers found that all students had significantly improved
interprofessional competency scores after the team-based experience.
This includes improvements in important factors for working with other
professionals, such as communication, collaboration, conflict
management, team functioning, and using a patient-centered approach.
“Our findings suggest that a team-based, clinical approach can be an
effective strategy to help health professional students develop
interprofessional competencies,” said Judith Haber, PhD, APRN-BC, FAAN,
the Ursula Springer Leadership Professor in Nursing at NYU Meyers,
executive director of OHNEP, and the study’s coauthor.
In addition to Hartnett and Haber, study authors include Peter
Catapano of Bellevue Hospital Center, NYU School of Medicine, and NYU
College of Dentistry; Nancy Dougherty, Amr Moursi, and Courtney Chinn of
NYU College of Dentistry; Ramin Kashani of NYU College of Dentistry and
Bellevue; Cindy Osman of NYU School of Medicine and Bellevue; and
Abigail Bella of NYU Meyers.
The interprofessional experience is part of NYU Meyers’ Teaching
Oral-Systemic Health program, funded by the Health Resources and
Services Administration (HRSA) (grant #D09HP25019).
About NYU Rory Meyers College of Nursing (@NYUNursing)
NYU Rory Meyers College of Nursing is a global leader in nursing
and health. Founded in 1932, the College offers BS, MS, DNP, and PhD
degree programs providing the educational foundation to prepare the next
generation of nursing leaders and researchers. NYU Meyers has three
programs ranked in the top 10 by U.S. News & World Report and is
among the top five nursing schools receiving NIH funding, thanks to its
research mission and commitment to innovative approaches to healthcare
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not responsible for the accuracy of news releases posted to EurekAlert!
by contributing institutions or for the use of any information through
the EurekAlert system.
study shows that by adopting a simple psychological intervention, aided
by the use of an online risk assessment tool, we can significantly
improve measurable clinical outcomes,” said researcher Koula
By Tauren Dyson
Researchers observed a reduction in
dental plaque and bleeding, as well as an increase in dental cleanings
among adults with moderate periodontal disease. Photo by
April 19 (UPI) — Dentists can now use psychological techniques to help patients get cleaner teeth, a new study says.
Researchers observed a reduction in dental plaque and bleeding, as
well as an increase in dental cleanings among adults with moderate
periodontal disease, according to research published in April in Journal of Periodontology.
“Our study shows that by adopting a simple psychological
intervention, aided by the use of an online risk assessment tool, we can
significantly improve measurable clinical outcomes and reduce initial
signs of gum disease in patient seen routinely general dental practice,”
Koula Asimakopoulou, a researcher at King’s College and study lead
author, in a news release.
Researchers registered 97 adults with moderate peridontal disease in a
program at King’s College London, offering them either usual dental
treatment, treatment and a report on their disease risk, or treatment, a
report and a program to improve their dental health.
Over the course of 12 weeks, the researchers report they saw
significant improvement on dental plaque and gum inflammation among the
two groups receiving psychological interventions, but not the usual
Periodontal disease, which starts with gingivitis, infect teeth and
inflame the gums, alveolar bone and periodontal ligament. More severe
forms of periodontitis can completely erode the bone around the teeth.
“At a time when the best way to improve the periodontal health of the
majority of people is being considered, this paper demonstrates how
interdisciplinary teams of psychologists and dentists working together
can deliver improvements in patients’ oral health and periodontal
status,” Asimakopoulou said. “Shaping how health information is
presented to our patients appears to influence their subsequent
(Kitco News) –Gold prices are trading slightly lower in early-afternoon U.S. action Thursday, and did hit another four-month low today. A strong U.S. dollar that saw the dollar index hit new high for the year today is working against the precious metals market bulls. June gold futures were last down $1.60 an ounce at $1,275.20. May Comex silver was last up $0.006 at $14.945 an ounce.
U.S. economic data out today was a mixed bag but mostly upbeat,
including jobless claims falling by 5,000 in the latest reporting week.
March U.S. retail sales beat expectations and came in at up 1.6%. Gold
and silver prices initially down-ticked a bit on the earlier reports’
releases but then moved back to near unchanged levels on the day, where
they now remain.
U.S. and many other nations markets are closed on Friday for the Good Friday Easter holiday.
The marketplace, especially the FOREX sector, is keeping a very
close eye on the Turkish lira, which has weakened significantly against
the U.S. dollar recently. There are concerns about Turkey’s low
foreign currency reserves that would have to be used to defend the lira
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U.S.-China trade negotiations are continuing and apparently the
world’s two largest economies are moving closer to a final agreement.
There is talk in the marketplace that President Trump and Chinese
President Xi Jinping could meet next month to seal the deal.
The other key outside markets today finds Nymex crude oil prices are slightly down and trading around $63.50 a barrel.
Technically, June gold futures
prices closed nearer the session low today. The bears have the overall
near-term technical advantage. A two-month-old downtrend line on the
daily bar chart is in place. Gold bulls’ next upside near-term price
breakout objective is to produce a close above solid technical
resistance at $1,300.00. Bears’ next near-term downside price breakout
objective is pushing prices below solid technical support at $1,250.00.
First resistance is seen at Wednesday’s high of $1,282.10 and then at
Tuesday’s high of $1,291.70. First support is seen at $1,270.00 and
then at $1,260.00. Wyckoff’s Market Rating: 4.0.
May silver futures
prices closed near mid-range. The silver bears have the overall
near-term technical advantage. A two-month-old downtrend is in place on
the daily bar chart. Silver bulls’ next upside price breakout objective
is closing prices above solid technical resistance at the April high
of $15.31 an ounce. The next downside price breakout objective for the
bears is closing prices below solid support at $14.50. First resistance
is seen at this week’s high of $15.055 and then at $15.25. Next
support is seen at this week’s low of $14.795 and then at $14.75.
Wyckoff’s Market Rating: 4.0.
May N.Y. copper closed down 450 points at 292.25 cents today. Prices
closed near mid-range today on profit taking after hitting a 9.5-month
high on Wednesday. The copper bulls still have the overall near-term
technical advantage. Copper bulls’ next upside price objective is
pushing and closing prices above solid technical resistance at 300.00
cents. The next downside price objective for the bears is closing
prices below solid technical support at the March low of 283.45 cents.
First resistance is seen at today’s high of 296.40 cents and then at
this week’s high of 299.55 cents. First support is seen at today’s low
of 290.30 cents and then at the April low of 288.35 cents. Wyckoff’s
Market Rating: 6.5.By Jim Wyckoff
(Kitco News) –
The U.S. labor market continues to build momentum, pushing gold prices
to session lows, as the Labor Department reported
stronger-than-expected jobless claims.
Initial weekly U.S. jobless claims fell by 10,000 to a seasonally
adjusted 202,000 in the week to Saturday, the Labor Department reported
“This is the lowest level for initial claims since December 6, 1969 when it was 202,000,” the report said.
Consensus expectations compiled by various news organizations had
called for initial claims to be around 216,000. The government revised
the previous week’s report up by 1,000 to 212,000 claims.
Meanwhile, the four-week moving average for new claims – often
viewed as a more reliable measure of the labor market since it
smoothens out week-to-week volatility – fell by 4,000 claims to
Continuing jobless claims, the number of people already receiving benefits and reported with a one-week delay, dropped by 38,000 to a seasonally adjusted 1.717 million during the week ending March 23, the government said.