Gold, Silver ETFs Manage To Gain Ground; Large-Cap Miners Jump
Barrons.com reported that silver and gold ETFs were up slightly on today's trading.
Articles Tagged "iShares silver trust"
Silver ETF Oscillating Around $27 (SLV)
Benzinga.com reports that Silver is severely underperforming gold in Tuesday's trading session.
Silver Prices at $30 in 2011, says GFMS
London-based research consultancy GFMS sees the price of silver hitting $30 an ounce on rising investment demand, which may reach a record high of over 210 million ounces, a net value of $4 billion, in 2010.
Silver Prices Racing Gold for Now, But Copper May Apply the Brakes
While the contagion of fear in the markets is providing silver with a much needed boost this week, ongoing economic problems around the world will eventually weigh on industrial demand.
Undervalued: Coeur d’Alene Mines
By Melissa Pistilli-Exclusive to Silver Investing News Although October proved to be a brutal month for investors and the mining industry, there are promising indicators giving hope to some that the worst has passed for the precious metals sector and we may soon be on the road to recovery. The dollar highs oppressing precious metals prices [...]
A little optimism, please!
By Melissa Pistilli-Exclusive to Silver Investing News While I’m ecstatic every time I drive by the gas station and see the price ticking down daily, watching the loonie nosedive is etching premature wrinkles on my face as I stress over how much of my hard earned Canadian dollars I’ll be handing over to Uncle Sam [...]
iShares Silver ETF holdings rise to record 6,901 T
Reuters reports iShares Silver Trust, holdings of the world’s largest silver-backed exchange-traded fund reached to a record 6,901.41 tonnes as stated on their website. The trust’s holdings have climbed nearly 7 percent since the beginning of September as buyers took advantage of lower prices to increase their holdings of the metal. Spot silver <XAG=> was quoted at [...]
ETF Gains Positive for Silver
By Melissa Pistilli – Exclusive to Silver Investing News Although the price of silver has seen an almost 40 per cent drop recently, holdings in New York’s iShares Silver Trust, the largest silver-backed exchange-traded fund, have soared 308.839 to a record 6,474.04 tonnes of average 1,000 oz silver bars since August 15. That silver ETF has consistently seen more buying [...]
Silver ETF plunges in premarket on stronger dollar
MarketWatch reports silver prices were down sharply in premarket dealings as the U.S. dollar continued to rally. The iShares Silver Trust dropped more than 7% at last check. For complete story, click this link. Follow developments in silver mining and exploration for free. Sign on to the Silver Investing Newsletter.
Strong demand from investors & industrial applications
The Silver Institute, Silver News reports the reasons for the push in silver price to 4th year of double digit price gains. The big story for silver last year was its spectacular price rise. Last year’s annual average of $13.38 was 16 percent higher, the fourth year in a row of double-digit percentage gains. The [...]
