Precious metals prices returned from Easter Break with a bang. Despite the dollar remaining in the green Wednesday, silver took direction from the industrial side of the market and, like gold, rose along with platinum, palladium and copper prices.
Both Greece’s debt crisis and India’s inflation concerns are dollar supportive, putting downward pressure on silver prices.
By Melissa Pistilli-Exclusive to Silver Investing News Currency markets are continuing to influence precious metals prices this week as gold and silver post gains after falling to new lows the past weeks. On Monday, gold managed to hold the critical $1100 an ounce level and silver traded sideways to close at $15.52 an ounce. Tuesday, [...]
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