Flows into ETF Physical Silver increases

Friday, October 31, 2008

Flows into ETF Physical Silver have remained strong, increasing by $40 mn since mid-August. ETF’s Leveraged Silver added $2 mn in net inflows last week, which brought the year-to-date net inflows to $27 mn. For full story, click here

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Are Silver Prices Still Relatively Low?

Friday, October 31, 2008

Even there are shortages, the prices of the precious metal are still low and provide a good reason for investments. Monex Deposit Company Vice President Michael Maroney, said: One-ounce and smaller gold and silver coins,. ten-ounce and hundred-ounce silver bars, ten-ounce ingots and 32.15 ounce “kilobars” of gold have virtually disappeared from the marketplace,. They’re in private hands [...]

Spot Silver closes above the $9 mark

Friday, October 31, 2008

Silver prices declined with Spot Silver closing above the $9 mark. A doji formation is seen on weekly charts with immediate support seen at $8.63. For full story, click here

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Silver futures for December delivery declined 2 cents

Friday, October 31, 2008

Silver futures for December delivery fell 2 cents, or 0.2 % to $9.785 an ounce in New York. The metal is down 34 % in 2009. For full story, click here

Compania de Minas Buenaventura Reports Q3 Results

Friday, October 31, 2008

Net income in the third quarter was $100.6 million, or &$.40 per ADS, in-line with the figure reported in the third quarter of last year. For full story, click here For company’s website, click here

Quarterly report from Macmin Silver

Friday, October 31, 2008

Silver leaching & powder output decreased with approximately 109,000oz of silver contained in powder produced during the quarter. For full story, click here For company’s website, click here

Agnico-Eagle announces Q3 results

Friday, October 31, 2008

Agnico-Eagle Mines Limited announced quarterly net income of $14.0 million, or $0.10 per share for the third quarter of 2008. For full story, click here For company’s website, click here

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Coeur Reports Third Quarter Results

Friday, October 31, 2008

In its third quarter reults, Coeur reports 25% increase in quarterly silver output to 3.1 million ounces compared to Q2 and on track growth strategies. For full story, click here For company’s website, click here

Silver climbing out of the bottom?

Thursday, October 30, 2008

  By Melissa Pistilli-Exclusive to Silver Investing News The price of silver broke the psychological level of $9 this week and reached a high of $10.50 in early morning trading Thursday. “Precious metal sentiment received a much needed boost yesterday as the dollar retreated after the Fed’s rate cut,” said Standard Bank analyst Manqoba Madinane. [...]

December silver futures closed up 112.5 cents

Thursday, October 30, 2008

December silver futures closed up 112.5 cents at $9.915 an ounce. Prices closed nearer the session high on short covering in a bear market. For full story, click here

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