The Perth Mint has made precious metals history, earning a Guinness World Records title with a 521.2-kilogram gold bar refined to an extraordinary 99.999% purity. More than 35 specialists helped bring the ambitious project to life, with Perth Mint Chief Executive Paul Graham calling the achievement the “People’s Bar” and declaring, “It’s nothing short of a miracle.” Graham highlighted the technical difficulty of reaching such exceptional purity, explaining, “To get to five-nines gold, 99.999, not many can do that.” The record-breaking bar surpassed the previous 300-kilogram benchmark by more than 200 kilograms, showcasing The Perth Mint’s refining expertise and the strength of Australia’s gold industry. Discover how The Perth Mint transformed an ambitious idea into the world’s largest gold bar—and why SD Bullion CEO Chase Turner is celebrating this historic achievement with our Perth Mint partners.
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Posted: August 25, 2026Categories: Gold & Silver NewsRead more »
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Posted: August 22, 2026Categories: Gold & Silver NewsRead more »
Gold and silver moved higher last week, with silver closing at $68.81 per oz and gold finishing at $4,608 per oz, as investors focused on mounting U.S. fiscal pressures and developments in the Treasury market. The U.S. national debt officially surpassed $40 trillion, more than doubling since 2017, while rising interest costs continue to place additional pressure on federal finances. Against that backdrop, the Treasury announced plans to double buybacks of longer-dated government debt, initially pushing yields lower before the 10-year Treasury yield rebounded above its pre-announcement level by Friday. Treasury Secretary Scott Bessent defended the government's actions, discussed fiscal consolidation and argued that stronger economic growth can help address America's growing debt burden. Watch Last week’s market update to hear Bessent’s commentary on last week’s Treasury actions and what these developments could mean for the bond, gold and silver markets.
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