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A-Mark Precious Metals, Inc.AMRK
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A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company.

It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending.

The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.

This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products.

The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products primarily through its websites.

It operates various company-owned websites targeting specific niches within the precious metals retail market.

This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach.

The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors.

It serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers.

The company has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia.

A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.

Latest News >
Sector Update: Consumer Stocks Gain in Late Afternoon Trading
Sector Update: Consumer Stocks Gain in Late Afternoon Trading
Aug 22, 2024
03:56 PM EDT, 08/21/2024 (MT Newswires) -- Consumer stocks rose late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.3%. In corporate news, Macy's (M) shares tumbled 12%. The company trimmed its fiscal full-year sales outlook amid an uncertain discretionary consumer market, while Q2 revenue...
Sector Update: Financial Stocks Edge Down Late Afternoon
Sector Update: Financial Stocks Edge Down Late Afternoon
Aug 22, 2024
03:53 PM EDT, 08/21/2024 (MT Newswires) -- Financial stocks were edging lower in late Wednesday afternoon trading, with the NYSE Financial Index fractionally lower and the Financial Select Sector SPDR Fund (XLF) off 0.2%. The Philadelphia Housing Index gained 2.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.4%. Bitcoin (BTC-USD) rose 3.4% to $60,843, and the...
Equities Rise After FOMC Meeting Minutes
Equities Rise After FOMC Meeting Minutes
Aug 22, 2024
03:50 PM EDT, 08/21/2024 (MT Newswires) -- US benchmark equity indexes rose ahead of Wednesday's close after minutes from the Federal Reserve's July monetary policy meeting indicated that an interest rate cut in September is likely. The Nasdaq Composite was up 0.3% at 17,877.4, while the S&P 500 rose 0.2% to 5,609.3. The Dow Jones Industrial Average gained 0.1% to...
US Equities Markets End Higher Wednesday as Fed Meeting Minutes Adds to Likelihood of Rate Reduction
US Equities Markets End Higher Wednesday as Fed Meeting Minutes Adds to Likelihood of Rate Reduction
Aug 22, 2024
04:05 PM EDT, 08/21/2024 (MT Newswires) -- US benchmark equity indexes ended higher Wednesday as markets parsed meeting minutes from the Federal Open Market Committee meeting in July. * A vast majority of policymakers indicated late last month that an interest rate cut in September would likely be appropriate if new data continued to be in line with expectations, minutes...
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