Articles Tagged "bullion"

Dollar Optimism and Silver Hopefuls

By Melissa Pistilli-Exclusive to Silver Investing News The silver price endured further losses Monday brought on by the impact of a stronger dollar and cuts in crude oil. Precious metals price rallies are usually disrupted by gains in the dollar and easing oil, which reduce safe-haven investment appeal. Dollar strength has hit commodities across the [...]

Silver Takes Cues From Copper

By Melissa Pistilli-Exclusive to Silver Investing News The silver price was on quite a tear this last week. Ending the month of May up 27 per cent, the white metal posted its largest monthly gains since 1987. However, after reaching a 10-month high of $16.25 in overnight trading, silver’s rally ended as prices began to [...]

iShares Silver Trust holdings surge 119.55 T to record

The world’s leading silver-backed exchange-traded fund, the iShares Silver Trust SLV reported that its bullion holdings rose 119.55 tonnes or 1.4 percent from the previous day to a record 8,413.01 tonnes as of April 3. For full story, click here

Rising Equities Depresses Silver Price

By Melissa Pistilli-Exclusive to Silver Investing News Advances on Wall Street and Bay Street the last few days have dampened investors’ appetite for the shelter of precious metals. Comforting words from Federal Reserve Chairman Ben Bernanke, who said that the recession could be nearing the end by this year’s close, and positive reports from the [...]

Silver imports fell

Unlike in the European nations like Germany, Indian bullion traders are shying away from silver due to the risk involved in it. Traders in India feel that silver prices have gone up drastically in the past few weeks and at any moment it can crash and they may have to suffer losses. For full story, [...]

Silver to enter new era of respect

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 [...]

Silver set to shine in 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. [...]