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Manufacturing up in the United States, Precious Metals up with It

April 6, 2012

A positive United States manufacturing survey was released on Monday. The survey provided good news for those in the precious metals industry, as the value and worth of gold, silver and copper moved higher alongside oil. Expected gold futures for June 2012 rose 2.5 percent and currently sit at about $1,679.90 an ounce. This is good news for owners of the commodity, who are in interested in trading the precious metal, especially since the precious metal spent most of last week in the red. The positive trend isn’t solely focused on gold, with silver and copper commodity traders also seeing a glimmer of hope for the future.

By using our online silver calculator, we weigh and purity your silver items to calculate how much your silver items are worth in the current market. All the numbers we produce are concurrent with the current price of silver, and our database is constantly being updated. And the best news yet, our calculator can be used for gold and diamonds, as well. We even allow you to embed our silver calculator on your own website, so your friends and family can benefit from its use.

Overall, copper remains the strongest metal, but platinum and palladium also showed promise. Currently, the price of silver is at $33.10 an ounce, and the value of copper sits at $3.92 a pound. Official manufacturing data in China released on Sunday shows that the purchasing manager’s index is in the fourth month of improvement, with future improvement expected to be seen.

Online gold and silver calculators are beneficial for public use, because they will help you understand the current value of your gold against the country’s average. By using the calculator, you’ll gain a better understanding of the worth of your gold so you won’t be ripped off when trying to sell it. We even include constantly updated charts of the current worth of gold and silver. If you plan on selling your gold online, but are unsure of who to trust, we display the results of our undercover test for all to see.

The price of silver, gold, diamonds and other precious metals are constantly changing, so keep yourself educated and up to date with the latest news in the precious metal trading community. There are countless websites made with helping and educating the public in mind, and one of them is ours! So be a smart consumer and calculate the worth of your silver with our genuine silver calculator!