By Melissa Pistilli-Exclusive to Silver Investing News The silver price has rallied over the last four weeks as the reality of a worsening recession begins to sink in for investors. Although silver is outperforming gold in the precious metals market-rising four times as fast as gold-it is “currently trading at a lower absolute price per [...]
By Melissa Pistilli-Exclusive to Silver Investing News For silver, 2008 was a record year as the precious metal hit $21.34/oz in March and managed to maintain a healthy level until the current global economic crisis sent investors pouring from the market in the fourth quarter. Since September, I have heard some of the most respected [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver climbed further Monday reaching as high as $12.27/oz. Analysts expect the precious metal to rally further as long as $11.26 support holds. The next level of resistance to watch is $12.80, which may clear the way for an advance towards $13.88. According to the Oil N’ Gold [...]
By Kishori Krishnan Exclusive to Silver Investing News Renewed investor interest in silver, which began in earnest in 2004 and continues today, has ensured that silver price, per ounce, in 2008, averaged a strong $14.98, a nearly 12 per cent increase over the 2007 average price of $13.38; the best average annual price since 1980. [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver closed at $10.16 in New York on Wednesday, touching a high of $10.57 in early morning trade Thursday. A weaker dollar and gains in commodity prices helped to stir speculation that future inflation may be on the cards. The surge in price has recharged [...]
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