No / It is a commonly held view that gold protects investors’ wealth in the event of negative economic conditions. In this study, we test whether other metals offer similar or better investment opportunities in periods of market turmoil. Using a sample of 13 sovereign bonds, we show that other precious metals, palladium in particular, offer investors greater compensation for their bond market losses than gold. We also find that industrial metals, especially copper, tend to outperform gold and other precious metals as hedging vehicles and safe haven assets against losses in sovereign bonds. However, the outcome of the hedge and safe haven properties is not always consistent across the different bonds. Finally, our analysis suggests that copper is the best performing metal in the period immediately after negative bond price shocks.

Yes / The fabrication of precious metal (ruthenium, osmium, gold, and iridium) nanocrystals from single atoms has been studied in real-time. The dynamics of the first stage of the metal nanocrystallisation on a doped (B,S)-graphitic surface are identified, captured, and reported. / We thank the Leverhulme Trust (Early Career Fellowship No. ECF-2013-414 to NPEB), the ERC (Grant No. 247450 to PJS), EPSRC (EP/F034210/1 to PJS).

Thesis (MScEng)--Stellenbosch University, 2012. / ENGLISH ABSTRACT: A 2 stage heap leach process to extract base and precious metals from the Platreef ore is currently being investigated industrially. A first stage bioleach is used to extract the base metals. In the 2nd stage, cyanide is used as the lixiviant at high pH to extract the platinum group metals and gold. By analogy with current gold recovery practices, the present study investigates the preferential and quantitative adsorption of precious metals (Pt, Pd, Rh and Au) over base metals (Cu, Ni and Fe) from an alkaline cyanide medium, by means of granular activated carbon. Experiments were designed statistically to optimise the process parameters using synthetic alkaline cyanide solutions close in composition to those expected from plant leach solutions. The statistical approach allowed the development of a reliable quantitative approach to express adsorption as a response variable on the basis of a number of experiments. A 2IV(7-2) fractional factorial design approach was carried out in a batch adsorption study to identify significant experimental variables along with their combined effects for the simultaneous adsorption of Pt(II), Pd(II), Rh(III) and Au(I). The adsorbent was characterized using SEM-EDX, and XRF. Precious metals adsorption efficiency was studied in terms of process recovery as a function of different adsorption parameters such as solution pH, copper, nickel, free cyanide ion, thiocyanate, initial precious metal (Pt, Pd, Rh and Au) ion and activated carbon concentrations. It was shown that adsorption rates within the first 60 minutes were very high (giving more than 90% extraction of precious metals) and thereafter the adsorption proceeds at a slower rate until pseudo-equilibrium was reached. Among the different adsorption parameters, at 95% confidence interval, nickel concentration had the most influential effect on the adsorption process followed by the adsorbent concentration. Adsorption of Ni was found to proceed at approximately the same rate and with the same recovery as the precious metals, showing a recovery of approximately 90% in two hours. The kinetics of Cu adsorption were slower, with less than 30% being recovered at the 120 minute period. This suggests that the co-adsorption of Cu can be minimised by shortening the residence time. Adsorption of Fe was found to be less than 5%, while the recovery of Rh was negligibly small. The effect of thiocyanate ion concentration was not as important as the effect of free cyanide ion concentration but still had some influence. The correlation among different adsorption parameters was studied using multivariate analysis. The optimum experimental conditions resulted in a solution with pH of 9.5, [Cu(I)] of 10 ppm, [Ni(II)] of 10 ppm, [CN ] of 132.44 ppm, [SCN ] of 98.95 ppm, [PMs] of 2.03 ppm and [AC] of 10 g/L. Under these conditions, predicted adsorption percentages of Pt, Pd and Au were approximately 98, 92 and 100%, at the level of 95% probability within two hours as an effective loading time. The negative values of ΔG° for all ions under optimum conditions indicate the feasibility and spontaneous nature of the adsorption process. Chemisorption was found to be the predominant mechanism in the adsorption process of Pt(II), Pd(II) and Au(I). Based on their distribution coefficients, the affinity of activated carbon for metal ions follows the selectivity sequence expressed below. Au(CN) > Pt(CN) > Pd(CN) > Ni(CN) > Cu(CN) Finally, it is important that additional research and development activities in the future should prove the economic viability of the process. Future work is also needed to investigate the adsorption of precious metals (PMs) by comparing the efficiencies and kinetics of adsorption when using sodium hydroxide (in this study) or lime, respectively, in order to control the pH. / AFRIKAANSE OPSOMMING: ʼn Tweefasige hooploogproses vir die ontginning van basis- en edelmetale van die Platrif-erts word tans industrieel ondersoek. ʼn Eerstefase-bioloog word gebruik om die basismetale te ontgin. In die 2de fase word sianied gebruik as die uitloog by hoë pH om die platinum-groepmetale en goud te ontgin. Na analogie van hedendaagse goudherwinningspraktyke het die huidige studie die voorkeur- en kwantitatiewe adsorpsie van edelmetale (Pt, Pd, Rh en Au) bo basismetale (Cu, Ni en Fe) vanuit ʼn alkaliese sianiedmedium met behulp van korrelrige geaktiveerde koolstof ondersoek. Eksperimente is op statistiese wyse ontwerp om die parameters van die proses te optimaliseer deur van sintetiese alkaliese sianiedoplossings wat in hulle samestelling nou ooreenstem met dié wat van oplossings van plant-loog verwag word, gebruik te maak. Die statistiese benadering het die ontwikkeling van ʼn betroubare kwantitatiewe benadering om adsorpsie as ʼn responsveranderlike op grond van ʼn aantal eksperimente uit te druk, moontlik gemaak. ʼn 2IV(7-2) -Fraksionele faktoriale ontwerp-benadering is tydens ʼn lot-adsorpsiestudie gevolg om beduidende eksperimentele veranderlikes tesame met hulle gekombineerde uitwerkings vir die gelyktydige adsorpsie van Pt(II), Pd(II), Rh(III) en Au(I) te identifiseer. Die adsorbeermiddel is met behulp van SEM-EDX en XRF gekenmerk. Adsorpsiedoeltreffendheid van edelmetale is bestudeer ten opsigte van proseskinetika en herwinning as ʼn funksie van verskillende adsorpsieparameters soos oplossing-pH, koper, nikkel, vry sianiedioon, tiosianaat, aanvanklike edelmetaal (Pt, Pd, Rh en Au)-ioon en geaktiveerde koolstofkonsentrasies. Daar is aangetoon dat adsorpsietempo‟s binne die eerste 60 minute baie hoog was (het meer as 90% ekstraksie van edelmetale opgelewer) en daarna het die adsorpsie teen ʼn stadiger tempo voortgegaan totdat pseudo-ekwilibrium bereik is. Onder die verskillende adsorpsieparameters, by 95%-vertroubaarheidsinterval, het nikkel-konsentrasie die grootste invloed op die adsorpsieproses gehad, gevolg deur konsentrasie van die adsorbeermiddel. Daar is bevind dat die adsorpsie van Ni teen nagenoeg dieselfde tempo en met dieselfde herwinning as die edelmetale voortgegaan het, wat ná twee uur ʼn herwinning van nagenoeg 90% getoon het. Die kinetika van Cu-adsorpsie was stadiger, met minder as 30% wat teen die 120-minute-tydperk herwin is. Dit dui daarop dat die ko-adsorpsie van Cu tot die minimum beperk kan word deur verkorting van die verblyftyd. Daar is bevind dat die adsorpsie van Fe minder as 5% is, terwyl die herwinning van Rh onbeduidend klein was. Die uitwerking van die konsentrasie van die tiosianaatione was nie so belangrik as die uitwerking van die konsentrasie van vry sianiedione nie maar het steeds ʼn mate van invloed gehad. Die korrelasie tussen verskillende adsorpsieparameters is met behulp van meerveranderlike analise bestudeer. Die optimale eksperimentele toestande het gelei tot ʼn oplossing met ʼn pH van 9.5, [Cu(I)] van 10 dpm, [Ni(II)] van 10 dpm, [CN] van 132.44 dpm, [SCN] van 98.95 dpm, [EM‟e] van 2.03 dpm en [AC] van 10 g/L. Onder hierdie toestande was die voorspelde adsorpsiepersentasies van Pt, Pd en Au nagenoeg 98, 92 en 100%, op die vlak van 95%-waarskynlikheid binne twee uur as ʼn doeltreffende laaityd. Die negatiewe waardes van ΔG° vir alle ione onder optimale toestande dui op die uitvoerbaarheid en spontane aard van die adsorpsieproses. Daar is bevind dat chemiesorpsie die deurslaggewende meganisme by die adsorpsieproses van Pt(II), Pd(II) en Au(I) is. Gebaseer op hulle distribusiekoeffisiënte volg die affiniteit van geaktiveerde koolstof vir metaalione die selektiwiteitsvolgorde soos hieronder voorgestel. Au(CN) > Pt(CN) > Pd(CN) > Ni(CN) > Cu(CN) Laastens, dit is belangrik dat addisionele navorsing en ontwikkelingsaktiwiteite in die toekoms die ekonomiese haalbaarheid van die proses bewys. Werk in die toekoms is nodig om die adsorpsie van edelmetale (EM‟e) te ondersoek deur vergelyking van die doeltreffendhede en kinetika van adsorpsie wanneer natriumhidroksied (in hierdie studie) of kalk, onderskeidelik, gebruik word ten einde die pH te beheer

by Fok Ying-wai, Dereck ; Lee Ho-chi, Dominic. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1991. / Bibliography: leaves 118-120. / FOREWORD --- p.i / EXECUTIVE SUMMARY --- p.ii -iv / ACKNOWLEDGEMENT --- p.v -vi / TABLE OF CONTENT --- p.vii -ix / CHAPTER / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- DEVELOPMENT OF HONG KONG JEWELLERY INDUSTRY --- p.2-5 / Chapter III. --- FUTURE PROSPECT --- p.6-8 / Chapter IV. --- TRADE ASSOCIATIONS --- p.9 -12 / Hong Kong Jade and Stone Manufacturers Association --- p.9 / Diamond Importers Association --- p.10 / Hong Kong Jewellery Manufacturers Association --- p.10-11 / Hong Kong and Kowloon Gold and Silver Ornaments and Wares Workers General Union --- p.11 -12 / Gemological Association of Hong Kong --- p.12 / Chapter V. --- ABOUT PRECIOUS STONE JEWELLERY --- p.13 -17 / Diamonds --- p.13 -15 / Rubies --- p.16 / Sapphires --- p.16-17 / Emeralds --- p.17 / Chapter VI. --- JEWELLERY RETAILING IN HONG KONG --- p.18 -24 / Development and Classification --- p.18 -19 / Operation of the Retail Outlets and Their Marketing Concepts --- p.19 -24 / Product --- p.19 -20 / Pricing --- p.21 -22 / Advertising --- p.22 -23 / Personal Selling --- p.23 -24 / Shop Display --- p.25 / Chapter VII. --- METHODOLOGY --- p.26 -48 / The Research --- p.26 -27 / Objectives --- p.28-29 / Hypotheses --- p.30 -31 / Cross-sectional Survey --- p.32 -44 / Pilot Interview --- p.32 -33 / Data Collection --- p.34 / Sampling --- p.35 / In-depth Study --- p.36 -40 / Chapter VIII. --- RESEARCH FINDINGS --- p.41 -56 / Survey --- p.41 -51 / In-Depth Study --- p.52 -56 / Chapter IX. --- INTERPRETATION --- p.57-64 / Chapter X. --- RECOMMENDATION --- p.65 -75 / Recommendation to Large Firms --- p.67-71 / Recommendation to Small Firms --- p.72 -75 / APPENDIX --- p.76-117 / BIBLIOGRAPHY --- p.118 -120

In this study, we examine the dynamic link between returns and volatility of commodities and currency markets. Based on weekly data over the period from January 6, 1987 to July 22, 2014, we find the following empirical regularities. First, our results suggest that the information contents of gold, silver, platinum, and the CHF/USD and GBP/USD exchange rates can help improve forecast accuracy of returns and volatilities of palladium, crude oil and the EUR/CHF and GBP/USD exchange rates. Second, gold (CHF/USD) is the dominant commodity (currency) transmitter of return and volatility spillovers to the remaining assets in our model. Third, the analysis of dynamic spillovers shows time{ and event{specific patterns. For instance, the dynamic spillover effects originating in gold and silver (platinum) returns and volatility intensified (degraded) in the period marked by the global financial crisis. After the global financial crisis, the net transmitting role of gold and silver (platinum) returns shocks weakened (strengthened), while the net transmitting role of gold, silver and platinum volatility shocks remained relatively high. Overall, our findings reveal that, while the static analysis clearly classifies the aforementioned variables into net transmitters and net receivers, the dynamic analysis denotes episodes wherein the role of transmitters and receivers of return (volatility) spillovers can be interrupted or even reversed. Hence, even if certain commonalities prevail in each identified category of commodities, such commonalities are time - and event - dependent. (authors' abstract)

Jean-Baptiste Tavernier (1605-1689), aventurier français parti dès 1631 sur les routes de l’Asie, est l’une des figures majeures du Grand Siècle. Ses voyages en Asie – au nombre de six et dont il publie les relations dès 1676 – témoignent du nouvel engouement européen pour l’Asie et ses contrées exotiques et mystérieuses. Mais au-delà de ses qualités de conteur, Tavernier est avant tout un négociant : pierres de couleurs, perles, pièces de joaillerie et d’orfèvrerie, et surtout diamants provenant des fameuses mines de Golconde en Inde, tous ces objets témoignent de la richesse et de la variété des produits négociés par Tavernier. A chacune des étapes de ses périples, ses cargaisons suscitent curiosité, envie et fascination. Sa clientèle est riche et diversifiée et prouve la facilité avec laquelle Tavernier maîtrise l’art du négoce et celui de la diplomatie. Homme de son temps, acteur majeur des relations entre Orient et Occident en pleine époque de création des nombreuses compagnies des Indes orientales, témoin de l’évolution de la société et des grands conflits socio politiques du XVIIe siècle, Jean-Baptiste Tavernier reflète parfaitement l’évolution du Grand Siècle et les diversités de son approche. Quel est l’héritage de ce personnage essentiel du commerce des pierres précieuses et de l’histoire de la joaillerie ? / Jean-Baptiste Tavernier (1605-1689), a French adventurer who left for Asia in 1631, is one of the major figures of the Grand Siècle. His voyages to Asia – six in total and told thanks to his travelogues he published for the first time in 1676 – bear witness of the new European interest for the Asian continent and its exotic and mysterious cultures. But beyond his qualities as a storyteller, Tavernier was first and foremost a merchant : colored stones, pearls, items of jewelry and gold, and especially diamonds from the famous Golconda mines in India, are examples of the opulent goods bought and sold by Tavernier. At each step of his expeditions, his cargoes arouse curiosity, envy and fascination. His clients are wealthy and eclectic and prove the ease with which Tavernier másters the arts of trading and diplomacy. A man of his time, playing a major role in the forging of relations between the East and the West during the creation of the various East Indian Companies, a witness to social changes and the great sóciopolitical conflits of the XVIIth century, Tavernier’s trajectory mirrors perfectly the evolution of the Grand Siècle and the particularities of his time. What is the legacy of this essential character in the History of jewelry and the precious gemstones trade?

Thesis (Ph. D.)--Materials Science and Engineering, Georgia Institute of Technology, 2009. / Committee Chair: Rina Tannenbaum; Committee Co-Chair: Rosario A. Gerhardt; Committee Member: E. Kent Barefield; Committee Member: Karl I. Jacob; Committee Member: Preet Singh; Committee Member: R. Bruce King. Part of the SMARTech Electronic Thesis and Dissertation Collection.

In this study, the effect of Pt particle size on the reaction rate and selectivity of preferential oxidation of CO (PROX) reaction was investigated on Pt/Al2O3. 2% Pt/&amp / #947 / -Al2O3 catalysts were prepared by incipient wetness method / the particle size of the catalysts was modified by calcination temperature and duration. Therefore, the relative amounts of low and high coordination atoms on the metal particle surface can be changed. Over these catalysts, first, the CO oxidation reaction was studied in the absence of hydrogen. The catalyst having the highest dispersion, i.e., lowest metal particle sizes, had the highest activity as indicated by its lowest light-off temperature. On the other hand, the turnover frequencies (TOF) of the catalysts were increasing with decreasing dispersion. The activation energy of the catalysts were also compared and examined: as the particle size increased, the activation energy decreased. In the second part, preferential oxidation of CO reaction in the presence of hydrogen was studied. Both CO conversion and selectivity first increased with increasing reaction temperature, then exhibited a maximum, and finally decreased. Both CO conversion and selectivity did not show any trend for different dispersed catalysts for &amp / #955 / (2PO2/PCO) was 1. In order to reach a definite conclusion about the structure sensitivity of selective CO oxidation, the experiments with different &amp / #955 / &rsquo / s and space times over the same catalysts should be performed.

ABSTRACT PRECONCENTRATION OF SOME PRECIOUS METALS USING DEBT IMPREGNATED RESIN Refiker, H&uuml / rm&uuml / s M. Sc., Department of Chemistry Supervisor: Prof. Dr. R. Sezer Ayg&uuml / n Co-supervisor: Assoc. Prof. Dr. Melek Merdivan August 2005, 107 pages In this thesis, trace amounts of gold and silver have been determined by flame absorption spectrometry (FAAS) after preconcentration by N,N-diethyl-N&#039 / -benzoylthiourea (DEBT) impregnated resin (Amberlite XAD-16). In the first part of the thesis, sorption behaviours of gold and silver with DEBT impregnated resin under optimized conditions / stirring time, pH, desorption of metals and metal ion capacities of the resin have been studied in batch process. Metal ion capacity of resin is calculated as 0.17 mmol/g resin and 0.104 mmol/g resin for silver and for gold, respectively. In the second part of the thesis, preconcentration of gold and silver was tried by DEBT impregnated resin using column process under optimized conditions / pH, flow rate and volume of sample solution, nature of eluent, flow rate and volume of eluent However, due to partial leaching of DEBT by time, no satisfactory and reproducible results could be obtained. In the final part of the study, metal chelates prepared in aqueous solutions were passed through the column under optimized conditions and satisfactory sorption-desorption and selective preconcentration could be achieved. Under optimized conditions, silver and gold ions at the concentrations of 0.05 &amp / #61549 / g/mL and 0.015 &amp / #61549 / g/mL with preconcentration factors of 7.7 and 6.7, respectively could be determined by FAAS. The proposed method is highly selective without the need for any interference elimination process. Keywords: Precious metals, Solid-phase extraction, DEBT, Amberlite XAD-16

The first section of this thesis concerns the study of interactions between the intense local plasmonic field generated by nanostructure and a well known photosynthetic protein system, bacteriorhodopsin (bR). bR is a membrane protein responsible for proton transport. Among the many intermediates formed upon photoexcitations, two of the most relevant have been studied. The intermediates under studies were I460 and M412, and their decay dynamics were measured in presence of the plasmonic field generated by the excitation of their surface electrons using visible photons. Both intermediates decay lifetime were affected when the plasmonic field was turned on, and it was verify that thermal effect were not the source of the change in dynamic. The second part concerns the investigation of third-order nonlinearity of a series of extended conjugated squaraine dyes in the telecommunication spectral region. Their nonlinearity is measured via Degenerate Four Wave Mixing and Z-scan as function of the dyes increasing conjugation length and number of squarylium groups. The dyes produced large real and imaginary values for the third order nonlinearity in the 1300-1500 nm range which makes them attractive for optical limiting type of applications.