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 Monday brought positive price actions in precious metals as gold and silver climbed to seven-week highs on a falling dollar and commodities rally fueled by economic optimism. Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., [...]
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 [...]
ETFS Silver Trust, a U.S. exchange-traded product has run by London’s ETF Securities, is expected to hold assets of more than $1 billion over the next six to 12 months. For full story, click here
ETFS Silver Trust, a U.S. exchange-traded product run by London’s ETF Securities, is expected to hold assets of more than $1 billion over the next six to 12 months. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News Monday, the spot price of silver came under further selling pressure under the weight of a stronger U.S. dollar. Commodities across the board tumbled yesterday on the latest report from the World Bank that the world economy is forecasted to contract 2.9 per cent this year as opposed [...]
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 [...]
By Melissa Pistilli-Exclusive to Silver Investing News On Tuesday, the silver price hit its lowest level in nearly a month as the equities market rebounded. The S&P 500 Index rose 1.5 per cent. “Another sector rotation could take place with speculative funds abandoning safe-haven assets to pile into oversold equity markets,” said Jon Nadler, senior [...]
The overwhelming response in the ETF’s and the turn around in the net fund long position, the attraction that Silver draws as an investment metal cannot be denied. For full story, click here
Silver is currently plagued with the problem of supply surplus and falling prices. But experts feel that Silver ETFs will do well in 2009. For full story, click here
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