Gold hit its low this summer—mid-July and into August. Here at Provident Metals, we – along with retailers nationwide – can attest to the increase in sales as investors and collectors leapt at the chance to purchase precious metals hitting 5-year lows. These low prices primarily occurred because traders feared a federal funds rate increase…
Copper Designated as the State Metal of Arizona
Despite the nearly unquenchable appetite for industrial metals like copper and the PGMs from China developing economies in the East over the last few years, metal prices have really taken a hit this year. Demand is starting to slow down, causing spot prices to finally cool off a bit. As one economist put it, now…
3 Questions Before Creating a Precious Metals Portfolio
Diversifying your investment portfolio with precious metals is a great idea. Don’t just take our word for it – professional economists will tell you the same thing. With precious metals you can reduce inflation risks while ensuring your portfolio withstands the test of time. Gold, silver, platinum, and palladium are all examples of how precious…
Melt Values of Professional Sports Trophies
With the close of the 2014-2015 NHL and NBA seasons, you may have just seen Chicago Blackhawks captain Jonathan Toews hoist the Stanley Cup overhead or Golden State Warriors star Steph Curry showing off the Larry O’Brien Trophy. These trophies represent some of the greatest athletic successes in history. But if you overlook the sentiment,…
The Amazing Story of Alexander Van Valen and His Quest for California Gold
The California Gold Rush of 1848 sparked a worldwide obsession for gold and put California and the American West on the map. The first people to reap the benefits of gold frenzy were the local Californians themselves and those who lived nearby. However, it didn’t take long for eager gold seekers from all corners of…
Royal Mint to Unveil Commemorative Princess Charlotte Coin
England’s royal couple, the Duke and Duchess of Cambridge, also known as Will and Kate, welcomed their second child into the world on May 2nd. Of course, with a new royal baby comes a lot of merchandising, coins included. The Royal Mint of Britain has released four commemorative coins in honor of Her Royal Highness…
