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LBMA Sees Silver Prices Rising

January 24, 2012 @ 1:24 pm In Silver Market News

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. [1]


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[1] Click here to read the full Mineweb report.: http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=143980&sn=Detail&pid=102055

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