Phoenix Refining

Central banks are taking diverging paths on gold in 2026.

While countries like Poland, Uzbekistan, and China are adding to their reserves, others, including Russia and Turkey, are selling to manage economic pressures. The split highlights gold’s dual role as both a geopolitical hedge and a source of liquidity.

This chart shows net changes in central bank gold reserves by country so far as of end of February, based on data from the World Gold Council.

We know that a lot of refineries aren't offering much for silver as of late, but Phoenix Refining is still purchasing with full force. We're offering 90 % of spot for sterling!

We work with clients globally, so if you're interested in selling your silver to an authorized and respectable refinery, then feel free to call us at 281 975 1994.

Phoenix Refining is looking to partner with suppliers of rhodium.

We purchase all forms of rhodium — including scrap, nuggets, and dore bars,— with a minimum purchase quantity of 4 oz.

If you have rhodium material ready for sale, contact us today to begin the evaluation process.

Platinum may be positioned to regain market share in automotive catalytic converters as structural palladium supply deficits and elevated palladium prices reshape the economics of catalyst design.

The article explains how tightening emissions regulations, growing vehicle production, and constrained palladium output are increasing interest in platinum substitution despite technical and strategic barriers.

It also highlights why catalytic converters will remain a major source of demand for both metals even as the automotive industry evolves.

Why Platinum is Poised to Reclaim the Automotive Catalyst Market Today, roughly 80 percent of global palladium demand and 40 percent of platinum demand are directed toward catalytic converter applications, making the automotive sector by far the most important end-use market for both metals. With global automobile manufacturers projected to sell more than 81 mill

Looking for a trusted buyer for your iridium?

Phoenix Refining purchases iridium metal and scrap. We do not accept powders and ores and we require you to have at minimum of 4 oz.

Let’s work together to maximize value and ensure professional handling of your material.

On the occasion of Eid, we extend our warmest wishes to our partners, clients, and communities around the world.

May this celebration bring peace, gratitude, and prosperity.

Eid Mubarak.

Happy Memorial Day! Today we honor the brave souls who gave everything for our freedom.

Phoenix Refining are always ready to give you an offer for your silver and we are not limited to working with companies- our doors are also open to individuals.

Today, we just bought a little less than 200oz of pure silver pellets.

We buy all forms of silver- everything from sterling to fine, silverware, hollowware, flatware, jewelry, and even those contained in scrap parts.

Please give us a call at 281 975-1994 or email us at [email protected] for rates and details.

Gold edged higher on Monday, supported by a weaker U.S. dollar and bargain hunting after a sharp recent selloff. However, the metal’s recovery remained limited as rising government bond yields and elevated crude oil prices continued to weigh on sentiment, with the Iran conflict fueling inflation concerns and expectations of tighter monetary policy.

Gold, Silver Rally with Bonds and Stocks on Rumors of US-Iran Progress Gold edged higher on Monday, supported by a weaker U.S.

Happy Mother's Day!