The global silver industry produces 26,000 metric tons annually, with production growing 2% year-over-year. Mexico leads production at 199 million ounces yearly, followed by China and Peru. Approximately 560,000 metric tons of known silver reserves remain, with experts estimating 120 years of undiscovered reserves at current rates. Global demand reaches 1.21 billion ounces annually, with … Read more
Gold reached $3,269.16 per troy ounce in 2026, up 40.17% year-over-year, with predictions of $3,675 by year-end and $6,400 by 2032. Global production increased from 84 million ounces in 2008 to 124 million ounces in 2024, projected to reach 148 million ounces by 2032. However, demand will exceed supply at 7,000 tonnes annually by 2032 … Read more
The global iridium market was valued at $2.7 billion in 2024, projected to reach $4 billion by 2032. Annual production is approximately 248,000 ounces against demand of 224,000 ounces, creating a current surplus. However, demand is expected to surge to 800,000 ounces by 2032, exceeding supply capacity. South Africa dominates with 250 tons of reserves … Read more
The global ruthenium market was valued at $5.1 billion in 2023, projected to reach $7.7 billion by 2032. Annual production is approximately 30 metric tons (1,058,218 ounces), primarily as a byproduct of platinum mining. Current demand stands at 1 million ounces yearly, expected to reach 2.3 million ounces by 2032. South Africa dominates with 2,500 … Read more
Sterling silver is a real silver alloy containing 92.5% pure silver and 7.5% other metals, typically copper. The term “sterling” originated from 12th-century England’s “Easterling” silver coins valued for their durability. To calculate sterling silver’s melt value, multiply the item’s weight by the current silver spot price, then by 0.925. However, sterling silver collectibles often … Read more
Sterling silver tarnishes over time because it contains 92.5% silver and 7.5% copper, with the copper reacting to sulfur, moisture, and chemicals. Common causes of tarnish include air humidity, chlorine, saltwater, bleach, perspiration, cosmetics, and household cleaners. While substances like baking soda and white vinegar can help remove tarnish when used correctly, hydrogen peroxide, prolonged … Read more
You need to know whether silver is real or fake before you start buying (supposed) silver objects. You simply can’t afford to lose your money and get scammed. So go and read my article below as it’ll tell you how to test silver coins, bars and jewelry (rings, earrings, necklaces, watches, bracelets, chains, pendants, broches, … Read more
Several reliable home tests can verify platinum authenticity. The most effective methods include nitric acid testing (authentic platinum won’t react), hydrogen peroxide testing (real platinum causes vigorous bubbling), and magnet testing (pure platinum is non-magnetic). Ice testing also works because platinum’s high thermal conductivity melts ice rapidly, while water testing confirms genuine platinum won’t tarnish. … Read more
Does platinum tarnish or not? Does it oxidize, rust and corrode? No, pure platinum doesn’t tarnish, fade, dull or change color over time. It also doesn’t rust, corrode and oxidize. Platinum is a non-reactive “noble” metal that can’t tarnish and discolor. However, platinum alloyed with other metals over time develops a patina, a form of … Read more
American Silver Eagles are the U.S. government’s official silver bullion coins, available in three versions: bullion, proof, and burnished. First minted in 1986, each coin contains one troy ounce of .999 fine silver. Their key advantages include high global liquidity, protection against economic uncertainty, portfolio diversification, IRS eligibility for self-directed IRAs, and potential numismatic value … Read more