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 [...]
Continue reading "Gold:Silver Price Ratio Narrowing"
Monday, February 2, 2009
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 [...]
Continue reading "Silver to enter new era of respect"
Tuesday, January 27, 2009
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 [...]
Continue reading "Silver Price to Bloom in Spring"
Friday, January 9, 2009
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. [...]
Continue reading "Silver set to shine in 2009"
Thursday, December 11, 2008
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 [...]
Continue reading "Silver busts the $10.50 fence"
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Monday, February 16, 2009