By Melissa Pistilli-Exclusive to Silver Investing News Silver and gold prices rose slightly in early trading Monday, but those gains were quickly erased as a rebounding dollar forced gold down below the psychological support level of $1,100 an ounce to close at $1,092.30 in New York, and silver dropped below the crucial $17.00 level to [...]
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 [...]
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 reported loss of 0.50 per cent in afternoon trade on the Multi Commodity Exchange, extending losses for the second straight day, on sustained selling by speculators and traders against low demand at existing higher levels. 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 dipped lower by 4.23 per cent to hit its lower level limits in futures trading as traders and speculators indulged in heavy selling influenced by weakening global trend. For full story, click here
Silver futures on Wednesday dipped by 0.23 per cent on the Multi Commodity Exchange following speculative selling by traders, triggered by weakening trend in the world market. For full story, click here
Silver futures rose 1.69 per cent in early trade on the Multi Commodity Exchange on emergence of brisk buying by speculators following an upsurge in the spot market. For full story, click here
Monday, December 21, 2009