|All Time High:|
|Market Cap: |
|The price of #MTL today is $1.12 USD.|
The lowest MTL price for this period was $0, the highest was $1.12, and the exact current price of one MTL crypto coin is $1.12133.
The all-time high MTL coin price was $13.56.
Use our custom price calculator to see the hypothetical price of MTL with market cap of SOL or other crypto coins.
|The code for Metal is #MTL. |
Metal is 5.6 years old.
|The current market capitalization for Metal is $74,667,891.|
Metal is ranking downwards to #275, by market cap (and other factors).
|There is a large daily trading volume on #MTL.|
Today's 24-hour trading volume across all exchanges for Metal is $16,219,929.
|The circulating supply of MTL is 66,588,888 coins, which is 100% of the maximum coin supply.|
More Metal (#MTL) News
|Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US ...
Equity markets began the day in the red following the latest corporate earnings reports from some of the world's largest firms, including Microsoft. The tech giant's recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and 0.72% on Wednesday, and the cryptocurrency economy dropped 2.79% against the U.S. dollar in the past 24 hours.Concerns of US Recession Mount as Corporate Earnings Disappoint
After a couple of bullish weeks, stocks, precious metals, and cryptocurrencies were down on Jan. 25, 2023. As investors awaited the next U.S. Federal Reserve meeting, the state of the U.S. economy showed a great deal of weakness. Earnings reports from Microsoft, Union Pacific, Texas Instruments, and others on Wednesday indicated that the economy was not improving and added to lingering concerns about a potential U.S. recession.
On Wednesday morning into the afternoon, the four benchmark stock indexes the U.S. - the Dow Jones Industrial Average (DJIA), the S&P 500 (SPX), the Nasdaq Composite (IXIC), and the Russell 2000 (RUT) - were all down between 1% and 2.05%. In addition to lackluster earnings reports from some of the country's largest firms, industrial production in the U.S. slipped roughly 0.7% in December 2022.
Industrial production also dropped in November 2022, falling 0.6% year-over-year. Another shocker was the fact that retail sales during th...
|Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes...
Precious metal markets have shuddered during the last few weeks, as gold's price per ounce nears a six-week low hovering just under $1,700 per unit. Silver crashed through the $18 range slipping to $17.80 per ounce. While both gold and silver dipped between 0.85% to 0.89% against the U.S. dollar in 24 hours, platinum dropped 2.82% and palladium shed 4.18% against the USD during the last day.Despite Scorching Global Inflation, Gold Hasn't Been a Safe Haven in 2022
While the entire world is suffering from red-hot inflation, many would assume that the world's precious metals would be a safe haven against the surging prices. That hasn't been the case in 2022, despite the U.S. and the Eurozone inflation rate rising above 9% this summer.
In 2022, an ounce of fine gold managed to reach a lifetime price high against the U.S. dollar at $2,070 per ounce. On the same day (March 8, 2022), an ounce of silver tapped a 2022 high at $26.46 per ounce.
Year-to-date, silver is down 23.14% as it was trading for 23.16 nominal U.S. dollars per troy ounce on January 1, 2022. Since the high on March 8, silver is down 32% lower than the nominal U.S. dollars per troy ounce value. Gold's nominal U.S. dollar value per troy ounce on January 1, 2022, was $1,827.49 per ounce and at today's $1,695.45 per ounce value, gold is down 7.22%.
Furthermore, any investors who bought gold at the lifetime price high on March 8, lost roughly 18.09% in USD value since that day. Platinum, palladium, and rhodium values...
|Analyst Says if Silver Dips Below $18, Precious Metal Could 'Get Absolut...
While gold's been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33% in value against the U.S. dollar during the last 24 hours. Silver has lost more than 28% against the dollar during the last 165 days or since March 8, 2022. Despite the lower prices, David Morgan, the founder of The Morgan Report, believes silver is expected to see a crunch in supply. In ten years' time, Morgan thinks silver will be one of the best investments of the decade.David Morgan Insists the 'Industrial Side Alone Is Probably Going to Take All the Silver'
During most of 2021 and the second half of 2022, many investors have been focused on assets like gold and bitcoin. Silver, on the other hand, has not performed as well and both silver spot prices and silver mining stocks have underperformed the S&P 500.
In February 2021, Bitcoin.com News reported on the so-called 'silver squeeze' sparked by anonymous cohorts on the Reddit forum r/wallstreetbets. That week, silver soared over $30 an ounce in USD value, and many precious metal dealers said they were out of stock.
In 2022, an ounce of fine silver managed to reach a high of $26.46 per ounce during the second week of March. On March 8, 2022, gold's price per ounce hit a new lifetime high as it traded above the $2,070 range.
Silver has lost more than 28% in value since March 8, as it is currently coasting along at $19 per ounce on Saturday evening (EST) on August 20, 2022. Despite the significant los...
|Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor...
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution's gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank's foreign exchange reserves management team to invest in stocks. Growing the CNB's Shareholding
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said gold is good for diversification because 'it has zero correlation with stocks.' Therefore, under his stewardship, the CNB hopes to increase its holdings of the commodity from the current 11 tonnes to 100 tonnes or even more. However, this will be done gradually, the incoming governor said.
With this plan, which sees the bank's gold holdings grow by almost ten times, the new CNB boss, as one report noted, is seemingly following in the footsteps of other European central banks that have either repatriated or bought more tonnes of gold. For instance, the Hungarian central bank revealed in 2018 that it had grown its gold holdings tenfold while the Polish central bank is reported to have done the same in 2019.
Meanwhile, in his remarks during a wide-ranging interview with the Czech publication Ekonom, Michl, a conservative economist, also said he will propose to increase the CNB's shareholding in stocks from the current 16 percent of reserves to 20 percent or more. He argued that central banks in Switzerland and Israel are already doing this and so are large state sovereign wealt...