Going for Gold

The Olympic games have started in Rio with a blaze of green and the one element foremost in the minds of competitors and spectators alike is gold. The first recorded evidence of Olympic games shows that an event was held in Olympia Greece in 776BCE. The only event was the men’s 200m sprint. The first … Continued

Can Donald’s shine trump gold?

Global events over the last few months have demonstrated that gold remains a safe haven in times of uncertainty. From the impact of Brexit, followed by terrorist atrocities in France, right through to the attempted military coup in Turkey, the world is experiencing turmoil. And during times of uncertainty and turmoil, the price of gold … Continued

Gold making a Run with the uncertainty in the Britex vote

If you’ve been watching the news of that last few days, you would have seen that Gold has managed to move to $1315/oz, and climbing, since the Britex voting results. Coupled with the commodities move, the Foreign currencies have also moved drastically. You would have thought that with the Pound slipping in the markets, this … Continued

Informal Gold Mining Issues Highlighted at Dubai Precious Metals Conference SA Gold Expert: Bring Informal Miners into the Mainstream Supply Chain

Cape Town, 28 April, 2015 – More effort should go towards helping African informal gold miners formalize their activities and become part of the mainstream gold supply chain. This is in the best interest of all parties involved, argued South African gold expert Bernard Stern in his address during the recent Dubai Precious Metals Conference, … Continued

Power Crisis Negatively Affecting Metal Extracting Sector

Cape Town, 19th February, 2015 – Load shedding and the impact of the ongoing power crisis on South Africa’s mining and metal extracting sectors featured high on the agenda during the 2015 Africa Mining Indaba. Industry leaders, including periphery players such as metal refiners, are worried and are hoping for a sustainable solution. As South … Continued

South Africans Advised to Invest in Gold

Cape Town, 8th December, 2014 – 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. … Continued

Why Silver Is Going Down, and When to Expect a Price Reversal

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, … Continued

Year end shut down rates

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 … Continued

Bulls Shouldn’t be worried.

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 … Continued