William Rhind Managing Director of ETF Securities speaks about the current trends of the silver market and the strength of ETF’s despite the correction of silvers price.
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.
ETF Securities USA LLC announced that total assets for its US projects are worth over $4 billion.
A combination of uncertainty in the global economy, political unrest in the Middle East and North Africa, limited supplies and a growing demand from emerging markets could poise silver prices to break out to new highs. China, in particular, has been showing a large appetite for investing in both silver and gold.
Silverseek.com reports that veteran stock broker Rick Rule came out strongly in defense of silver as a top pick for 2011.
Bloomberg reports that the exchange-traded fund backed by physical silver, platinum and palladium will start trading tomorrow in New York, according to ETF Securities Ltd., the issuer.
ETF Securities USA LLC (ETFS) announces that the total assets under management of its five products.
By Melissa Pistilli-Exclusive to Silver Investing News Silver prices are benefitting from the recent optimism that the global economy has finally started on the path to recovery and that industrial demand will soon rise. Spot prices hit a high of $14.45 an ounce in early trading Tuesday. So far this year, silver has risen 26 [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver once again tested the $14 barrier Monday as oil rallied, the dollar fell to its lowest point against the euro in over eight weeks, and risk-appetite increased. However, silver was unable to hold above this important psychological level as it tracked gold lower on [...]
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 [...]
Wednesday, June 8, 2011