Silver Down on Mixed Economic Cues
The tumultuous global economic climates have been weighing down on the price of silver.
The tumultuous global economic climates have been weighing down on the price of silver.
The drive for silver is split between its role as an industrial metal and as a hedge against inflation has never been more evident as it is today.
In the uncertain world of exploration, availability of assets in a known mining district with historical production always supports the underlying company’s investment case. 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
The investor activity that was the main driver of high silver prices last year announced that it will continue to demonstrate strength this year, the Silver Institute’s newly released World Silver Survey 2009 suggests. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News As the fundamentals behind the US economy continue to teeter on the edge, gold and silver prices are posting impressive gains. Once again, silver is outperforming gold in its week long price rally that started around $12.50/oz and now flirts with the $14.00 level. Last week, gold rose [...]
Power-One, Inc., a leading provider of power conversion and power management solutions, declared that it has closed the previously announced $60 million investment by Silver Lake Sumeru, a leading investment fund focused on middle-market technology enterprises. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News With all the economic uncertainty and the constant up/down movement in the markets, some confusion in the precious metals market is expected. Today’s silver price actions were no exception. Despite the same-day drop in equities, precious metals prices experienced heavy losses Monday with silver falling to about $12.10 [...]
By Melissa Pistilli-Exclusive to Silver Investing News Uncertainty over the future of the U.S. dollar and the global economy in general is understandably creating volatility in precious metals prices. After a close of $13.34/oz in New York on Friday, silver has started the week down as low as $12.99 on Monday. CrownForex analysts mark the [...]
Silver is in a bull market and hasn’t seen any overly enthusiastic investment yet. The price rose sharply over the past few years, from $5 in 2002 to over $20 today. For full story, click here
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