By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices dipped over 3 per cent on Thursday following gold’s retraction below the psychological $1,000 level as the US dollar picked up gains. Silver is also under selling pressure as COMEX October options expire today. Recently, several analysts and consulting firms have weighed in on silver’s [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are on a tear this week with gold reaching over the psychologically important $1,000 an ounce mark, the first time in six months, and silver hitting a 13-month high of $16.80 an ounce on Tuesday. Both gold and silver are reacting to inflation fears and [...]
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 The silver price has rallied over the last four weeks as the reality of a worsening recession begins to sink in for investors. Although silver is outperforming gold in the precious metals market-rising four times as fast as gold-it is “currently trading at a lower absolute price per [...]
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 [...]
Get our independent commentary on silver trends and companies delivered to your inbox.
