Metals
  • Gold$3,999.34/oz−0.35%
  • Silver$52.82/oz−2.00%
  • Platinum$1,497.41/oz−2.16%
  • Palladium$1,023.20/oz−2.38%
  • Copper$6.52/lb+0.07%
  • Aluminium$3,041/t+0.06%
  • Nickel$15,584/t+0.14%
  • Zinc$3,802/t−0.09%
  • Lead$1,914/t+0.10%
  • Lithium$14,897/t+1.08%
  • Cobalt$22.85/lb0.00%
  • Uranium$90.08/lb−0.07%
Indicative · 08:00 UTC · Prices by MetalCharts
The Assay

The Assay, Tuesday 27 October 2026

What a Permanent Magnet Actually Is and Why It Needs Rare Earths

A permanent magnet generates a magnetic field without any external power supply. No current through a coil, no energy input required to maintain the field. The magnetism is a property of the material itself, and it persists indefinitely under normal operating conditions. That simplicity is deceptive. The difference between the magnet on your refrigerator and…

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