By Melissa Pistilli-Exclusive to Silver Investing News The global credit crunch is forcing mining companies to turn away from skittish banking institutions to public offerings to raise the money needed for acquiring new properties, advancing projects and paying off debts. Recently, a slew of precious metals producers have decided to take advantage of rising investor [...]
By Melissa Pistilli-Exclusive to Silver Investing News For silver, 2008 was a record year as the precious metal hit $21.34/oz in March and managed to maintain a healthy level until the current global economic crisis sent investors pouring from the market in the fourth quarter. Since September, I have heard some of the most respected [...]
Retail investment through coins and bars has remained resilient, contributing nearly 5% to the total demand. For full story, click here
Silver has failed to emerge as a safe haven for investors like gold. While among precious metals, gold is always believed to meet investors’ aspiration, silver was also seen as a store of value and considered to be one of the prominent precious metals. For full story, click here
The long position at Rs 8,350 level has achieved its second profit objective of Rs18,850 level. For full story, click here
Silver is currently plagued with the problem of supply surplus and falling prices. But experts feel that Silver ETFs will do well in 2009. For full story, click here
Now that physical shortages of gold and silver are more pronounced, the theatre of the absurd continues to play out, as the paper price of both metals plunge. For full story, click here
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver closed at $10.16 in New York on Wednesday, touching a high of $10.57 in early morning trade Thursday. A weaker dollar and gains in commodity prices helped to stir speculation that future inflation may be on the cards. The surge in price has recharged [...]
By Melissa Pistilli-Exclusive to Silver Investing News Coming out of the Thanksgiving holiday weekend, precious metals prices experienced heavy drops in light of certain economic factors. Silver and gold were both under pressure from a firm dollar, falling oil prices, and grim global economic news. The silver quote tumbled as low as $9.15 Monday from [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver rallied in early morning trading Monday in reaction to dollar weakness and increased insecurity in the markets. After closing Friday at $9.64/oz in New York, silver reached as high as $10.60 this morning. Mark O’Byrne, Executive Director at Gold & Silver investments lists weakness [...]
Friday, February 6, 2009