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How Is Gold Used in Medicine?

The use of gold in medical treatments dates back to 1890 when German bacteriologist Robert Koch discovered that gold compounds could curb the growth of the bacteria that causes tuberculosis.

Today, gold compounds are being tested and used to detect and treat several types of cancer, curb rheumatoid arthritis pain, and fight HIV and malaria. Learn more about the subtle—and often unknown—ways that gold is put to work to help keep people healthy.

Gold and Cancer

Researchers are making breakthroughs in the use of gold to detect and treat cancer.

According to Live Science, cancer DNA binds to gold. That appears to happen no matter what type of cancer it is. This discovery led researchers to create a simple, quick test that uses gold nanoparticles to detect the disease. The test tells healthcare professionals whether cancer DNA is present based on the color of the gold particles.

Meanwhile, newly engineered gold-based molecules appear to be safer and more effective in combating cancer than prominent platinum-based therapies, according to Medical News Today. In one study, these molecules slowed the growth of prostate, breast, cervical, melanoma, and colon cancer cells by as much as 46.9%, compared to 29% for platinum-based therapies. The tests were performed on animals, and human clinical studies are on the horizon.

Here’s another way gold plays a part in treating cancer, according to Geology.com: Particles of a radioactive gold isotope are implanted in tissues as a radiation source for the treatment of certain types of cancer.

Gold and Rheumatoid Arthritis

For decades, medical professionals turned to gold injections to treat rheumatoid arthritis and other inflammatory conditions, according to Medical News Today. Healthcare professionals produced these injections by using a compound known as sodium aurothiomalate, which contains gold.

However, because of the number and severity of side effects triggered by gold injections, they’ve largely been abandoned as a treatment for rheumatoid arthritis and other inflammatory conditions, Medical News Today says.

Gold and HIV

In 2019, scientists at the Fred Hutchinson Cancer Research Center moved closer to improving gene therapy by simplifying the way gene-editing instructions are sent to cells, the Center reported. Using a gold nanoparticle instead of an inactivated virus, they safely delivered gene-editing tools in lab models of HIV and inherited blood disorders.

Gold nanoparticles are a promising option, the Center says, because the surface of these microscopic spheres (about one-billionth the size of a grain of salt) lets other molecules readily adhere to them and remain there.

Over the years, scientists have had success using gold nanoparticles to improve the delivery of anti-HIV drugs. And in 2013, researchers said gold nanoparticles with molecules called aptamers were shown to reduce the ability of HIV to reproduce and infect new cells.

Gold and Malaria

In 2018, an estimated 228 million cases of malaria were reported around the world, according to the World Health Organization (WHO). Although mosquito-borne malaria is preventable and treatable, about 405,000 people died from malaria in 2018.

Gold is one of the weapons in the battle against malaria. Most of the 412 million malaria tests sold in 2018 contained a tiny amount of gold, the World Gold Council says.

In 2017, an official at the World Gold Council explained to The Guardian newspaper that the tiny amount of gold in each test enables accurate detection of malaria thanks to gold’s stable properties.

According to The Guardian, gold particles help generate a color change—a bright red line—that indicates the presence of malaria in a patient’s blood sample. Test results can be ready in 15 minutes.

What if gold could help make the world an even healthier, safer place? As the uses for gold in medicine expand, the precious metal may be able to provide healthcare professionals and scientists with the advantages they need to protect the health of many populations.

The post How Is Gold Used in Medicine? appeared first on U.S. Money Reserve.

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Silver

Why junior miners are headed in the ‘right direction’

Kitco News

(Kitco News) – Still Hoffmann believes that fundmetals are still good in the junior and mining space. World financial markets are just in turmoil.

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Gold leads the way in Q1

Kitco News

(Kitco News) – While there has been a lot of disappointment in the gold market recently, Kitco News’ intrepid reporter Anna Golubova has been able to put financial markets’ volatility into perspective.

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How high is gold price going next week? It all depends on these 3 factors

Kitco News

(Kitco News) – Analysts have pointed to three key drivers that could take gold higher next week as the massive impact of the COVID-19 outbreak is starting to be reflected in the negative macro data coming out of the U.S. and Europe.

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PAMP restarting limited operations – reports

Kitco News

(Kitco News) – Liquidity in the gold market could continue to improve as major Swiss precious metals refiners are looking to restart operations.

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Silver Weekly Price Forecast – Silver Markets Continue to Press Higher

Yahoo! Finance: SI=F News

Although it is a red candle for the week, the reality is that the market has broken down but then bounced to attack the $15 level which I believe is going to be crucial in this market.

The post Silver Weekly Price Forecast – Silver Markets Continue to Press Higher appeared first on WorldSilverNews.

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Andy Schectman: Dealers Paying Above Spot For Gold and Silver

Snippet: 
Andy Schectman: #Gold and #Silver Dealers Now Paying Above Spot For #Metal Gold and silver demand continues to surge, amid refinery and mint shutdowns, as well as unlimited quantitative easing (money printing) out of the #FederalReserve. Fortunately today we got another physical market update from Andy Schectman of Miles Franklin #PreciousMetals, who shared what his order flow has been like lately. He also talked about how on most products he (as the dealer) is paying above spot. Which is something many market participants have wondered about. So to get the latest update, click to watch the video now!

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Silver

Silver price premiums: when to draw the line? Peter Hug comments | – Kitco NEWS

Silver price premiums: when to draw the line? Peter Hug comments |  Kitco NEWS
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Gold

Germany hoarding gold to prepare for currency reforms, Italy dishoards

Voima/Jan Nieuwenhuijs/4-2-2020

bar chart showing gold holdings private citizens Germany France Italy 2020

“As the above chart reveals, the Germans are wary of inflation, for which they hold physical gold as insurance. In the 2011 survey by CFin, more than 80% of the respondents said to “buy gold because of the preservation of value and protection against inflation.” In the respective publication is a graph showing the “proportion of people who bought gold for investment purposes” across Germany (23%), France (3.3%), and Italy (6.7%). The Germans see gold as a safe haven. For the French and Italians, gold is more a substance of adornment.”


“Ask anyone in Germany what they associate with gold and, more often than not, they will say that it is synonymous with enduring value and economic prosperity. Ask us at the Bundesbank what our gold holdings mean for us and we will tell you that, first and foremost, they make up a very large share of Germany’s reserve assets … [and they] are a major anchor underpinning confidence in the intrinsic value of the Bundesbank’s balance sheet. The Bundesbank produced this publication to give a detailed account, the first of its kind, of how gold has grown in importance over the course of history, first as medium of payment, later as the bedrock of stability for the international monetary system.” – Jans Wiedmann, president, Bundesbank (Germany’s central bank)

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Gold

Gundlach sounds alarm on ‘paper gold’ ETFs baking in Billions

Bloomberg/Katherine Greifeld and John Gittelsohn/4-1-2020

graphic image of boxing gloves with the words ETF vs Physical“[DoubleLine Capital’s Jeffrey] Gundlach said, and buyers should be aware that holding shares doesn’t amount to having gold bars. ‘What happens if physical gold is in short supply and everyone wants to take delivery of their paper gold?’ Gundlach said. ‘They can’t squeeze blood out of a stone.’”

USAGOLD note:  Gundlach hoists the same red flag we have raised often on this page.  Gold ETF’s are a price bet.  Gold coins and bars are a safe-haven store of value.  And never the twain will meet.