As the world’s major economies are well on their way to recovery from the global economic crisis, the international gold price has started to come down. Aided by a stronger dollar versus a weakened rand, this poses an interesting opportunity for South Africans who seek to invest, experts say. It seems a lifetime ago since the world plunged into what…

Metal Concentrates SA (Pty) Ltd, will be closing for the Festive Season from the 19th December 2014 till 07th January 2015. All orders placed on our website during this shut down period will not be processed until we re-open in the New Year. We wish all our clients a wonderful Festive Season & thank you all for your Loyal support.…

Nothing has changed fundamentally for gold. Gold and silver edged higher over the past two sessions after falling to seven-month and one-year lows, respectively, at the end of last week. Bearish sentiment within the precious metals complex is growing ahead of Wednesday’s policy decision from the Federal Reserve. Many expect the central bank to adjust the language in its policy…

Silver prices are having a tough session, and traders who saw August as a month to rebound from a bearish July are wondering why silver is going down. This week, the bid price for 24-hour spot silver is trading down $0.17 for a 0.7% loss. Its closing price as of yesterday was $19.415 an ounce, a 0.8% drop on the…

Gold business continued to show strength during Wednesday morning sessions, building on the previous day’s gains, to hit a fresh two-week high. The spot gold price was the highest since May 28, having peaked at $1,264.90 per ounce. It was last at $1,262.50/1,263.30 a $3.3 increase on the previous day’s close. “We feel the gold price is edging higher and…