Green Metals: The sustainability revolution in the precious metals industry

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Kitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.

Precious metals like gold and silver have always been important to us. They symbolize wealth and have been used for trade, jewelry, and art for centuries. Likewise, they have a huge role in modern medicine.Our planet is suffering from the way we've been extracting and using these metals. We're now realizing that we can't keep taking without giving back.

Responsibly sourced metals, on the other hand, are new metals from mines that follow strict environmental and ethical guidelines.Technology is changing how we do almost everything, and the precious metals industry is no exception. Here are some of the trends that are making a big splash in the world of gold, silver, and other precious metals:Think of blockchain as a digital ledger. Every time a piece of metal is mined, sold, or processed, a record is made.

The very essence of green metals is sustainability. If we're sourcing new metals, it's crucial they're extracted in a way that minimizes harm to our planet. Algorithmic and AI-assisted trading can help traders and investors make more informed decisions by analyzing market trends, predicting price movements, and executing trades at optimal times. Many trading companies are using AI today to help investors trade more efficiently.

 

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