Precious Metals for All Occasion

Jewelry is the most common present during special occasions, from a simple birthday party up to a prestigious wedding celebration. But before anything else you must put into consideration and get your self a guide that differentiate precious metals like Gold, Silver, and Platinum. 

The most traditional and the most sought precious metal as a jewelry is Gold, even in ancient times Gold has always been an irresistible attraction to everyone. Gold products has been the center of attraction during auctions or shows even it is not the most expensive among the precious metals. It's yellowish color captivates and very alluring to the eye. It is also a symbol of power and an old measurement of wealth during ancient times.

One property of precious metals is, it can be formed and fashion into desired designs. Gold on it's purest form "24k" is very soft that it is not good for jewelry or decorative designs, it needs to be alloyed (mixed with other precious metals like silver). Couples that like the bright yellow color of Gold and wants to save a little prefers a 14k Gold ring for their wedding bond. 

Silver on the other hand is also popular as a birthday present or as fashion jewelry. Silver is the most ideal precious metal to mixed with Gold. Silver is also very soft when pure which is ideal for handcrafting jewelry sets and fashionable decorative jewelry designs. It's white brilliant color when polished makes it as a perfect coordinate to white Gold and Platinum jewelry. Silver is often the precious metal of choice for jewelry sets holding pearls and Swarovski crystals.

Titanium and palladium are the newbies in the jewelry scene. This two are often regarded for their lightweighness, and much stronger than the two precious metals (Gold and Silver), which makes them perfect for holding Diamonds. Titanium and Palladium however does not have the kind of luster that Gold and Silver offer and they are prone to discoloration.

Knowing this facts can give you a hint on what to buy for your love one, with so many options to choose from, you can have the perfect gift to your love one.

Factors Affecting the Production of Precious Metals

The demands for precious metals like gold have been unrelenting but the supply becomes paltrier by the day. There are actually lots of these metals but only a few can pass the required purity thus rendering the rest unusable as far as jewelry-making and investing are concerned. Although mining companies have been exploring the world using high-end machines to discover a good source of these metals, the production of these elements is still relatively low when you weigh it against the demands.

There are still vast lands in the world that are yet to be explored by these mining companies but the only challenge the lies in front of them is the stringency of regulations of authorities for environmental purposes. And the strongest argument so far would be the environmental issues that might arise.  Although, isolated, there may be some downsides mining of precious metals can be bring but generally mining fields are more of an opportunity in terms of employment for the people. Additionally, the awarding of the rights to exploit the land for these metals is stern as competitions among the interested companies are intensified. Also, In case that these companies are situated in war torn countries or areas where peace and order is unstable, operations will be severely affected thus decreasing production.

Talking about companies that are engaged in these activities, there are known classifications that are worth mentioning. They are classified as exploration, development and production. A company falls under exploration when its primary goal is to look for metals in an area. So it can be deduced that the ultimate asset these companies have is the right to explore the land. Next is those which belong under development, they take over an area proven to have precious metals should the company classified under exploration decide to turn over the rights and opt to remain in the business of exploration only. The last is production; companies which operate under this category are responsible for the extraction and production of metals like gold from the mines.

Basically there are factors or circumstances that have influence over the availability of these metals in the market. And by the looks of it, production of precious metals is rather difficult that the end products can definitely live up to their label.

Turning Precious Metals to Jewelry

Another astonishing fact about precious metals aside from their rarity is the intricacy of the processes employed to shape them. People may take little appreciation towards these elements when they are raw as their crude form may seem a little abstract and unattractive. But that depends upon one’s preference. Generally, a lot are magnetized by finished products than the sight of an unprocessed metal. That’s why machines are built to not only extract and purify these elements but to hew them and fashion them in a way that will make them more desirable.

So your rings and necklaces are nothing but precious metals that have undergone a series of sophisticated procedures until the desired shape is achieved.  But prior to that, one of the most difficult stages in the process is mining. As these metals are too scarce, the initial phase may always entail high cost and danger due to competition. It’s not unthinkable to imagine people squabbling for a piece of fortune, especially in impoverished countries where they see gold or silver as their way out of destitution. That’s reality no matter how hyperbolic that may sound. High cost of operation is fairly logical since you cannot take them out of the earth’s crust with just your bare hands but with the aid of machines or tools that will make it a lot easier for you.

From there, extraction of these precious metals takes place. Right from the dirt, a lot of them may contain particles that are rather superfluous hence the necessity of extraction. Usually the process involves the application of cyanide solutions that dissolves metals like gold which frees them from rocks or other elements. Once these metals are melted and separated from the rest, they can be solidified and formed to create shapes with one’s creativity as the limit. 

Because sometimes you have to delve a little bit deeper before you can truly appreciate and value something. Just like these metals, they’re not only precious because they are rare but because they are processed and polished. So the next time you will look at your jewelries like those hanging on your ears or the one that you have on your wrist or finger, try to look at the laborious processes that these precious metals have undergone and the stories that may be deduced out of them.  

Price of Silver - Silver as a Precious Metal Investment

Silver, just like gold is one of the precious metals, can also be used as an investment. The Price of Silver is very changeable. As a matter of fact, it changes every day. The Price of Silver has also attracted many silver collectors and silver investors especially that these days, the Price of Silver is also on the rise.

Silver was an actual money used before. It was even used as money longer than gold in many different countries. Silver must be considered as an important investment because of its significance in the history. This precious metal has been used as jewelry as well as ornaments. That is why the Price of Silver is also going up because of its importance.

Buying silver is not only a great investment, but also a profitable hobby. You benefit from buying silver especially that, nowadays, the Price of Silver is rapidly hiking. It is no wonder that a lot of smart investors are now investing in silver.

Silver Bullion Bars and Silver Bullion Coins for Investment

Just like gold, silver also comes in various shapes and sizes. There are also silver coins and silver bullion. Silver bullion bar is durable and is convenient to handle. Silver Bullion Bar has two forms: the 1000 ounce and 100 ounce. Silver bullion is the least affordable way of owning silver. What’s more, it is easy to convert it to cash. Silver coins were often used as collection. However, there are actually great silver coins for your investments and they each have different Price of Silver. These great silver coins are Silver American Eagles, Morgan Silver Dollars, Austrian Silver Philharmonics, Silver Dimes, Mexican Silver Libertads and many more.

The most important thing in purchasing silver is to find a reputable dealer. The good thing about investing in silver is that it can back you up in times of economic crisis. In addition, forms of silver like silver bullion bar or silver coin can be stored at home, so a storage fee is not necessary.

With the Price of Silver going up, it is definitely a smart move to start your investment. It is time for you to also track down the Price of Silver and get a better understanding of it. Today is the great timing of investing in silver as the world is need of silver not only for industrial but as well as medical.

As time goes, the Price of Silver also increases because silver is being used more, but only a few is being mined. Apparently, the increase in the Price of Silver will continue or will increase more in the near future because of the increase in demand. This is actually good news for silver investors because smart investors will surely get good results on their finances.