LBMA Sees Silver Prices Rising
Mineweb reported that the London Bullion Market Association predicts silver prices will rise this year, but not to record levels.
As quoted in the market news:
Taking the average of the analysts’ forecasts they anticipate an average silver price over the year of US$33.98 and a high of $44.49, but even this, which some might consider a conservative prediction, still represents a substantial 39% increase over the current $32 price for the metal.
Click here to read the full Mineweb report.
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Tue, Jan 24, 2012
Post by Jessica Oman, Silver Researcher