Metals
  • Gold$4,018.16/oz+0.10%
  • Silver$53.67/oz−0.42%
  • Platinum$1,520.66/oz−0.62%
  • Palladium$1,038.76/oz−0.88%
  • Copper$6.54/lb+0.51%
  • Aluminium$3,040/t−0.01%
  • Nickel$15,616/t+0.35%
  • Zinc$3,813/t+0.19%
  • Lead$1,917/t+0.26%
  • Lithium$14,741/t+0.02%
  • Cobalt$22.85/lb0.00%
  • Uranium$90.10/lb−0.05%
Indicative · 04:04 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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