The team at Gainesville News is dedicated to bringing you relevant updates and analysis about the precious metals markets, as well as news in the broader financial markets. Our reporting reflects the crucial—and often overlooked—role that gold, silver, platinum and palladium play in the global economy, and how these metals interact with other assets and economic developments. We want to empower our readers with the latest information and industry perspectives on important events affecting the markets. We also provide occasional stories concerning geopolitics, important domestic developments, and other topics of interest. We always strive for objectivity and accuracy. Due to their diverse knowledge and professional backgrounds, our contributors also share their opinions where such insights may apply.
Recent researched published by Rutgers University opens new possibilities for the use of gold nanoparticles in the manufacture of solar panels to make their energy storage more efficient.
A royal burial mound in the mountains of Kazakhstan in central Asia has been discovered by archaeologists. The site contains gold coins and other treasure believed to be 2,800 years old.
India's richest Hindu temple is planning to sell off more than 60 metric tons of foreign gold coins that have been donated as religious offerings. The Indian government has explored schemes to monetize gold held by temples.
South Africa, once home to the world's top-producing gold mines, has seen a virtual collapse of the industry. New gold mining projects around the world are on the decline, as well.
Numismatic Guaranty Corporation (NGC) has certified and graded a huge hoard of Morgan silver dollars that have sat in bags at the New York Fed for decades.
In March 2018, a huge cache of hundreds of thousands of bronze coins dating to the 16th century or earlier were found buried underground in a giant ceramic pot in Japan. It's the largest coin hoard in the country's history.
Back in the 1970s, churches and museums in Scandinavia began to find hidden "devil coins." It was part of an elaborate hoax that is now being more fully explained.
In addition to giving up its seat on the London fix, the Bank of Nova Scotia (Scotiabank) will gradually reduce its precious metals operations by half.