Silver Jewelry Demand Optimism on the Rise
Market participants are increasingly looking for growth in the silver jewelry market.
Market participants are increasingly looking for growth in the silver jewelry market.
Silvercorp once dealt with allegations of deception. Now, the company faces lawsuits.
The silver spot price hit its lowest level in four months Thursday, but market analysts see the price of the white metal rising as much as 29 percent — to $40.25 an ounce — in 2013.
A new report from Thomson Reuters GFMS maps out the growth of China's silver industry.
The Chinese Gold & Silver Exchange Society plans to launch its Loco Hong Kong platform in the first quarter of 2013.
Silver started the week declining, but is now about where it was last week. Will the metal see yet another week of losses or will it be able to gain?
Silver struggled to maintain strength early on this week, then came under pressure that forced it to new lows.
Silver put up a strong performance in Q3, but fading excitement has brought the metal under pressure — and that is tugging down prices.
Silver shook off early week pressure to once again rise above the $34 level.
If China is dumping solar panels in western markets, that could be another headwind in an industry that was supposed to be bullish for silver.
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