Articles Tagged "energy costs"

Silver, gold gain as energy costs boost inflation hedge demand

Bloomberg reports silver also gained as oil prises boosted precious metals. Silver futures for September delivery climbed 21.5 cents, or 1.2 percent, to $18.415 an ounce on Comex. Before today, silver gained 22 percent this year, while gold climbed 14 percent. For complete story, click this link. Follow developments in silver mining and exploration for free. [...]

Gold futures rise as energy costs rebound; silver advances

Bloomberg reports gold prices rise as energy costs rebound and silver price rise with greater demand for precious metals. Silver futures for September delivery jumped 40 cents, or 2.1 percent, to $19.205 an ounce. Before today, silver gained 26 percent this year, while gold climbed 15 percent. For complete story, click this link. Follow developments in silver [...]

Silver jumps as record oil, slumping equities spur haven demand

Bloomberg reports that silver gained as energy costs and slumping equities spurred demand. Crude-oil futures rose to a record $147.27 a barrel on speculation Israel may attack Iran, leading to a disruption in Persian Gulf petroleum shipments. The Standard & Poor’s 500 Index is headed for the sixth straight weekly loss after turning into a bear [...]