Silver should do well throughout September, and most silver analysts are confident the metal will soon reach the $21 an ounce highs last seen in March 2008.
By Melissa Pistilli-Exclusive to Silver Investing News Despite gold‘s stellar performance, the silver price seems to be uncharacteristically lagging its yellow cousin in performance, bringing the gold/silver ratio to nearly 64:1 the last week in October. The drag on silver can be attributed in part to normal seasonality and downward pressure on industrial metals. Those [...]
Commodity Online reports silver trading at a range of 25704-27016 and did not move above $19.00. Silver has weakened back to the 18.78 area after it failed move above $19.00. The market will look to buy on dips towards 18.46 and likely liquidate only on a move below the May top of 18.34. For complete [...]
Tuesday, September 7, 2010