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
Silver futures surged marginally in early trade on the Multi Commodity Exchange as traders and speculators enlarged their positions to meet the current marriage-season demand. For full story, click here
Silver futures declined as a rebound in U.S. equities eroded demand for precious metals as alternative investments. For full story, click here
There is little hope of an industrial demand to pick up soon, so silver is in the hands of investors. For full story, click here
Silver futures for May delivery dipped 51.8 cents, or 3.7 percent, to $13.357 an ounce on the Comex. For full story, click here
Commodities rose, led by precious metals, on speculation that the Federal Reserve’s steps to revive the U.S. economy will led to an increase in demand for raw materials as a hedge against inflation. Silver headed for the biggest gain since 1979. Frank McGhee, head dealer at Integrated Brokerage Services LLC in Chicago, said: We’ve got [...]
Thursday, June 18, 2009