Mixed medium term prospects for gold, silver and platinum

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Tue, Aug 5, 2008
Silver Market News
Post by Melissa Pistilli, Silver Senior Reporter

Mineweb(Editorial) reports analysts at French Bank Natixis sees silver following similar patterns as gold i.e. postively the current year but a fall in the following year.

Overall, the combination of investment and the market’s supply and demand fundamentals is expected to produce an annual average price of $17.85 for calendar year 2008 representing a gain of 33% on a year earlier. Silver will likely see notable periods of volatility in the coming months as prices respond to diverging factors, with investment aiding the silver market, while GDP growth concerns may push prices lower.

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