2011 Silver Trends
2011 has been eventful for silver, with massive investor demand, a climb to near-historical highs followed by a sudden drop, and a new trading range.
2011 has been eventful for silver, with massive investor demand, a climb to near-historical highs followed by a sudden drop, and a new trading range.
Silver’s price slipped on the day, but a looming economic slowdown may support the metal. Silver Investing News spoke with William Rhind Managing Director of ETF Securities, about the recent market volatility and the effect on the price of silver.
Silver Investing News spoke with Jason Goulden, V.P. of Research at Metals Economics Group, and with Michael DiRienzo, Executive Director of The Silver Institute, about the factors currently playing a role in the silver market.
Silver's $30-50 per ounce range has historical importance for silver. A price range that once offered nothing but resistance, is now a support.
A new report commissioned by The Silver Institute, from research firm GFMS, titled “The Future of Silver Industrial Demand” forecasts the industrial demand for silver trough 2015.
Continuing an upward march for the second straight day, silver prices gained 0.32 per cent on the Multi Commodity Exchange today on sustained purchasing by speculators on expectations of a pick-up in demand. For full story, click here
India silver futures may extend gains for a second month on the back of expectations of a weak dollar overseas and hopes of industrial demand amid an economic revival overseas. For full story, click here
Silver futures rose 1.15 per cent in early trade on the Multi Commodity Exchange on surged demand by traders and speculators influenced by a firming international trend. For full story, click here
India’s silver futures are expected to tread higher this month on expected dollar weakness overseas and supported by investment demand. Pradeep Unni, a senior research analyst with Richcomm Global Services, stated: Investment demand through the ETF route and dollar weakness would support silver. For full story, click here
According to The Silver Book, an investment research from V M Group has supported both gold and silver has been great demand from the exchange-traded funds and the futures market at Comex in New York. For full story, click here
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