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The MGS Precious Metals Blog

Manhattan Gold & Silver is an industry leader in precious metal pricing and refining with more than 30 years of experience. During our time in the business, we’ve found the topic of precious metals to be a vast and interesting one. Here on our precious metals blog, we write in-depth posts about the science of precious metal refining, historical and modern uses for precious metals, market news, and much more. Subscribe to our RSS feed to stay current, and discuss the latest posts on our Facebook page.

2019 Market Outlook for Gold

January 30, 2019 15:14
2019 Market Outlook for Gold

Gold is a valued commodity around the globe. Its price may fluctuate, but it's never arbitrary – many types of current events and economic trends factor into whether the price of gold increases or decreases. It’s probably safe to say that these variables were plentiful throughout 2018, so it’s no surprise that it was certainly an interesting year for gold prices.
    
In an annual report from the World Gold Council (WGC), the organization analyzed the economic trends and market factors that influenced the price gold, what investors and speculators can expect from the market in 2019, and the “why” behind it all. You can read the full report by visiting the WGC’s website, but some of the key findings, takeaways, and predictions we found to be interesting are:

  • Gold prices started strong in 2018, but were negatively affected from about April to October as the USD got stronger and the Federal Reserve increased interest rates while other countries remained accommodative. Due to large sell-offs of company stocks and political uncertainty stemming from the US midterm elections, gold prices managed to rally in the fourth quarter.
  • Central banks continue to buy gold to diversify their foreign reserves and hedge against fiat currency risk. This is particularly true of central banks in emerging markets, which tend to have high allocations of US treasuries. Central bank demand for gold in 2018 alone was the highest since 2015, as a greater variety of countries added gold to their foreign reserves.
  • Factors to watch in 2019  include expensive valuations and higher market volatility, political and economic instability in Europe, potential higher inflation from protectionist policies, and the increased likelihood of a global recession.

Do you think the WGC’s predictions for 2019 are accurate? Don’t forget, you can keep track of the latest gold pricing trends (and calculate the estimated value of any scrap or bullion you're holding) on your phone with the MGS smartphone app!

New 3D Printing Method Uses Gold Nanoparticles

December 11, 2018 07:00
New 3D Printing Method Uses Gold Nanoparticles

There’s a new way to 3D print — and it involves printing liquids inside of other liquids. The discovery, made by researchers at the Department of Energy’s Lawrence Berkeley National Laboratory, could lead to major advancements in product development.

The printer was adapted to print liquids by replacing the extruder with a syringe pump that feeds into a fine needle, squirting water instead of molten plastic.

With a little re-programming, the 3D printer was able to make three-dimensional patterns, compared to standard two-dimensional ones.

Water is the liquid being used and silicon oil is the base, with modifications made to both. Researchers wanted to create a continuous liquid structure that would hold its shape over time. So they added gold nanoparticles to the water — and polymer ligands (which bond to metal) to the silicon oil.

When the water mixture is infused into the silicon oil, the gold nanoparticles intermingle with the polymer ligands to create an elastic sheath around the water, which keeps it in place.

Source: Gizmodo

New Guidelines Identify Areas Where Deep-Sea Mining Should Be Prohibited

December 4, 2018 07:00
New Guidelines Identify Areas Where Deep-Sea Mining Should Be Prohibited

New guidelines have been developed by international researchers to protect sea life from mining. The criteria — published in Science Advances — is designed to identify areas of environmental importance, where mining should be prohibited.

There are 18 recommended metrics, which can be used by regulators to determine whether the number, shapes, sizes and locations of sites within a proposed “no-mining zone” network will effectively protect the surrounding habitats and species.

The study focused on future deep-sea mining scenarios on the Mid-Atlantic Ridge, but can be adapted for use in other locations. It also considers future changes that might occur on the seafloor within the next century.

For years, marine biologists have tried to assess the impact of seabed mining on the marine ecosystem, but haven’t reached a consensus.

The MIDAS project, comprised of 32 partners across Europe, seeks to further investigate the possible damage that deep-sea mining may have on aquatic life.

The data collected will help inform regulators about the potential dangers and what measures may be taken to prevent them.


Source: Mining.com

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