Palladium In Uncharted Waters

Palladium In Uncharted Waters

The U.S. Dollar is virtually unchanged this morning awaiting the release of the Federal Reserve’s January meeting minutes at 2 pm Eastern, which could bring more clarity to the future of rate hikes. Continue reading…


BitcoinIRA Selects Dillon Gage to Supply Digital Gold™

BitcoinIRA Selects Dillon Gage to Supply Digital Gold
Stability of a gold-backed, digital asset a natural fit for crypto exchanges

ADDISON, Texas (Feb. 19, 2019) – Dillon Gage, one of the world’s largest precious metals wholesale firms and industry-leading technology innovator, has been selected by Los Angeles-based BitcoinIRA to provide the physical gold backing for customers investing in their new Digital Gold product. Continue reading…


Palladium Hits New High

Palladium Hits Another High

As key emblems of our nation’s coinage, the honorees of President’s Day hold a special place in our hearts. It’s also a bit quieter place as U.S. financial markets are on holiday. Continue reading…


Gold Hits Weekly High

Gold Hits Weekly High

Good news is often found on a Friday and this week is no different, as we see gold reaching a weekly high, despite the factor of a stronger U.S. dollar in the mix. The yellow metal is shining today, with spot prices up over $7 an ounce at $1,321.40. Continue reading…


Dollar Unable to Maintain Rally

Dollar Unable to Maintain Rally

Today, let’s take a look at technical data analysis, starting with gold. The price of gold rebounded yesterday after testing the spot level of support at the $1,303 – $1,304 area. Time and sale figures revealed that there were significant bids at those levels keeping the price of gold from falling any further. Continue reading…


Dollar Index Rallies

Dollar Index Rallies

Currently the price of Gold is under pressure as the U.S. Dollar index continues to rally versus other world currencies, now approaching the 97 level. Continue reading…


Gold Slowly Slides

Gold Slowly Slides

The price of Gold continues it slow move to the downside. This price action coincides with the slow movement to the upside in the Dollar Index. Currently over the 96 handle, the US Dollar Index has experienced virtually no volatility in recent days due to the lack of any significant news stories. Continue reading…


Wall Street Talks Gold

Wall Street Talks Gold

Over the last couple of days, we interviewed some prominent Wall Street Gold traders about the metal’s prospects and found that their opinions vary somewhat. Continue reading…


Gold Holds Positive Turf

Gold Holds Positive Turf

Federal Reserve meeting wraps up today with no change in interest rates expected. Investors will be anxious to hear what the Fed President has to say at the press conference after the 2 pm ET announcement of their rate decision. The main topic the reporters will be asking about is the Fed’s plan to reduce the balance sheet. Will they proceed or will it be put on hold? Continue reading…


Gold Building Foundation

Gold Building Foundation

At these levels, the price of Gold is seemingly building a foundation and I expect that in short order the price of Gold will start to move higher and test the $1,303 level of resistance once again. Continue reading…


Higher Equities Hit Gold

Higher Equities Hit Gold

At the moment, at these levels, the price of Gold is under pressure from higher equity prices and higher treasury yields. I expect this to be just temporary and a recovery should occur with gold once again trying to break through the next level of resistance in spot at $1,303. Continue reading…


Higher Asian Equities Pressure Gold

Higher Asian Equities Pressure Gold

Markets here in the states are closed today in honor of Dr. Martin Luther King, Jr.

Despite weak Chinese Gross Domestic Product (GDP) figures, Asian Equity markets are all higher overnight putting some pressure on precious metal prices this morning. Continue reading…


Bullish on Soaring Palladium Prices

Soaring Palladium Prices

Dillon Gage urges physical holdings to capitalize on full benefit of rally

ADDISON, Texas (Jan. 15, 2019) – Dillon Gage Metals, one of the world’s largest precious metals wholesale firms and industry-leading technology innovator, is bullish on the price of palladium, which recently broke through the $1,342 an ounce level of resistance.

While most precious metals investors are wooed by the attention of gold, palladium can often be an overlooked asset. However, its widespread use in the automotive field, the majority of which is used in emission-reducing catalytic converters for gasoline-powered cars, leaves it susceptible to varying degrees of supply and demand. On Wednesday, Jan. 9, palladium hit an all-time high.

“To see a $400 jump in spot price over the last six months is impressive,” stated Terry Hanlon, president and CEO of Dillon Gage Metals. “Palladium is simply reacting to the tightening of supply, which is the driving force behind the increase. We offer physical palladium in the form of bars or coins and feel that owning the physical product is advantageous to equity-based precious metals assets.”

The demand for palladium has been on an upswing since the Chinese government recently announced the exploration of policies designed to increase domestic buying of automobiles. According to Dillon Gage Metals’ spot price index, palladium is currently trading at $1,337/oz. Owning palladium in its physical form is advantageous to equity-based assets due to liquidity, portability and the flexibility to buy or sell in smaller quantities.

For industry news and to stay up-to-date on Dillon Gage Metal’s expanding products and services, connect on Facebook and Twitter.

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About Dillon Gage Metals
Dillon Gage Inc. of Dallas (DillonGage.com), founded in 1976, companies include:

  • Dillon Gage Metals (www.DillonGage.com, one of the world’s largest precious metals wholesale trading firms. The firm is an authorized purchaser for all major world mints and maintains inventory in over 20 countries around the world. Additionally, the company provides advanced tools and technologies that enable market participants to be more successful in their businesses, allowing electronic trading and offering cloud-based solutions for the physical precious metals marketplace. 800-375-4653
  • FizTrade Online Trading (www.FizTrade.com) offers real-time bid/ask trading platform for gold, silver, platinum and palladium. 800-375-4653
  • Dillon Gage Refining (www.dillongage.com/refining/why-dg), professional assayers and refiners of precious metal scrap, from low grade to karat scrap. Stone removal services and diamond experts on staff. 888-436-3489
  • International Depository Services Group with locations in Delaware, USA (www.ids-delaware.com; 888-322-2431); Texas, USA (www.idsoftexas.com; 888-322-2431); and Ontario, Canada (www.idsofcanada.com; 855-362-2431), offers secure, efficient and insured precious metals and certified coin depositories that focus of custom business logistics solutions including storage, fulfillment, inventory managements and many other value-added services.

Contact:
Jeffrey Cheatham
Senior Account Manager
TrizCom PR
(972) 247-1369
jeffc@trizcom.com


Palladium Still Climbing

Palladium Still Climbing

The price of Palladium continues to climb on supply concerns. Overnight, the spot price of Palladium broke thru the $1,342 level of resistance as more and more Hedge Fund managers joined the club. Continue reading…


Gold Continues March Higher

Gold Continues March Higher

China’s Purchasing Manager Index (PMI) was released overnight showing that in the month of December, factory activity contracted for the first time in 19 months. The number of 49.7 indicates a slowing Chinese economy and a weaker number than expected. Continue reading…


Palladium and Gold in 2019

Tightening supplies still the main driver of the increase in the Palladium price

Tightening supplies still the main driver of the increase in the Palladium price. Today’s EFP is quoted at minus 75 minus 65, steadying a bit, but still showing the strong continuing need for spot Palladium. Continue reading…


Holiday Hours for 2018

Holiday Hours for 2018

The following is the Holiday Schedule for Dillon Gage Trading, Dillon Gage Refinery and FizTrade:

  • Dec. 24th: Trading, Refinery and FizTrade.com close at Noon Central Time (CT).
  • Dec. 25th: All Dillon Gage operations closed
  • Dec. 26th: FizTrade opens at 7 a.m. CT. Normal trading and refinery hours resume
  • Dec. 31st: Trading, Refinery and FizTrade.com close at Noon CT.
  • Jan 1st: All Dillon Gage operations closed
  • Jan 2nd: FizTrade opens at 7 a.m. CT. Normal trading and refinery hours resume

We are grateful for your friendship and your business.

Wishing a happy and safe Holiday Season to you and your family!


Paycent Adds DGGold™

Paycent Adds DGGold
Hybrid mobile app allows physical gold purchases via cryptocurrency

ADDISON, Texas (Dec. 13, 2018) – The global cryptocurrency market recently surpassed $50 billion in value, and commodities-based companies have begun to take notice. Continue reading…


New Distribution Center Now Open

Dillon Gage is proud to announce our latest expansion. In order to serve you even better, we have opened a new distribution center in Dallas, Texas. This center is the primary facility for all our storage and fulfillment. That means this is the new location for all customer pick ups and any shipments to Dillon Gage for trading.

PLEASE NOTE: Payment remittance and refinery addresses remain the same.

New Distribution Center Address
11925 N Stemmons Fwy
Suite 180
Dallas, TX 75234
800-375-4653

Please note, the entrance to the parking lot is from the I-635 LBJ FWY service road and the building’s entrance is on this south side.

Google Map/directions


Dollar Up on Falling Pound

Dollar Up on Falling Pound

The British Pound fell sharply this morning vs. the U.S. Dollar and the Euro, because at this juncture it looks like the Brexit vote will probably be delayed. Continue reading…


FLASH – Equities Decline

Equities Decline

The whole world seems to heading to the Bond Market. As the Equity Markets across the Globe decline today almost every country’s Bond market is seeing yields drop and Bond prices rise. Continue reading…


Palladium Blows Past Gold

Palladium Blows Past Gold

The spot price of Palladium has blown past the spot price of Gold reaching an all-time high in spot at $1,255. Supply concerns still dominate the marketplace attracting more Hedge Fund interest in this small but active market. Continue reading…


U.S. versus China

U.S. versus China

Well, it turned out exactly as we anticipated. A 90-day pause, before implementing the 25 percent tariff rate hike. The President just couldn’t walk away from that dinner meeting without accomplishing something. Continue reading…


FLASH – Fed Chair Speaks – Gold Rallies

Fed Chair Speaks - Gold Rallies

Fed Chairman’s comments rallies the price of Gold and Equities.

The buzz word seems to be we are “ JUST BELOW “ just neutral status regarding rate increases. In other words, his comments are being viewed as “ dovish “. The term ‘Neutral “ seems to be between 2.50 and 3.50 percent. So with a December rate hike and one or two more in 2019 that should be enough to put the Fed where they want to be. Continue reading…


New 10 oz. Piedfort Coin

10 oz Silver Piedfort Coin
Koala mother and baby grace our exclusive Perth Mint piedfort

ADDISON, Texas (Nov. xx, 2018) – Just in time for the holidays, Dillon Gage Metals – one of the world’s largest precious metals wholesaler firms – is introducing a one-of-a-kind 10-ounce product from the Perth Mint: “Mother & Baby – The Next Generation,” a 99.99 percent pure silver, 10-ounce koala-themed bullion coin. Dillon Gage will offer the coins exclusively to its network of authorized coin dealers. Continue reading…


Gold Finally Gets Weaker Dollar Boost

Gold Finally Gets Weaker Dollar Boost

For the past few weeks, we have been seeing a declining Equity Market, so much so, that most of the experts are calling it now a true bear market.

So as investors sell off their stocks, where is all that money now headed? A good portion of those dollars are headed to the Bond Markets. Continue reading…


Thanksgiving Hours

Thanksgiving Hours

The Dillon Gage Family wishes you and yours a very Happy Thanksgiving!

Dillon Gage will have the following reduced hours over the holiday weekend.

Thu. Nov. 22nd:
Trading room & Refinery closed
  FizTrade closed from Noon to 5 pm CST
Fri. Nov. 23rd:
FizTrade closes at 12:45 pm CST
  Trading room & Refinery closed
Sun. Nov. 25th:
FizTrade opens at 5 pm CST
Mon. Nov. 26th:
Trading room opens at 7:30 am CST

Palladium Closing In On Gold?

Palladium Closing In On Gold

Recently I was asked by a colleague if I thought the price of Palladium would surpass the price of Gold. At that point it occurred to me that the way the price of Palladium has been reacting, that sure was a possibility. Continue reading…