ETF Securities declared the amount of metal it holds to back its Physical Silver exchange traded commodity surged 2 percent on May 13, while its Gold Bullion Securities ETC saw inflows of 20,000 ounces. For full story, click here
Holdings of Zurich Cantonal Bank’s silver-backed exchange-traded fund surged nearly 600,000 ounces or 1.3 percent in the week to May 8. For full story, click here
Duncan Park Holdings Corporation reported that its US-based subsidiary Duncan Park Holdings Nevada Ltd. intends to give notice of termination on its two leased properties in northern Nevada known as the “Elephant Project” and the “Rock Creek/South Silver Cloud” project. For full story, click here
The stock of silver held by the iShares Silver Trust SLV, the largest silver-backed exchange traded fund listed in New York, declined for the first time since Jan. 5 on Friday. For full story, click here
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Thursday, May 14, 2009