Market Report

Learn more about all important trends in the precious metals markets in our market reports on a regular basis.

Heraeus Precious Appraisal

Cancer treatment and the role of PGMs

No. 6 | 10th February 2025

The disruption present in gold and silver markets continued last week and this time it was silver lease rates showing the strain. Borrowing costs quoted in the market rose as high as 10% mid-week. Tariffs are now delayed for Canada and Mexico, both major sources of silver for the US, though 10% additional tariffs on Chinese metal are now in force. For a deeper analysis of the past week’s market moving events, read the full Precious Appraisal.

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