India Silver Imports Rise on Increased Gold Price
Commodity Online reports that high gold prices are motivating investors in India to turn to silver purchases.
Commodity Online reports that high gold prices are motivating investors in India to turn to silver purchases.
Goombarhsedge.blogspot.com reports Silver is definitely rising rapidly, and outpacing the rise of the Gold price.
The most recent Resource Investing News biannual Investor Survey reveals that while investors remain optimistic about the long-term potential of the commodities markets, a large majority are hedging their bets on precious metals like gold and silver.
While the price of silver followed gold up and up this month, teasing analysts and investors with hopes of breaking past $20 an ounce, the sometimes precious sometimes industrial metal fell hard the past two days.
The market had second thoughts about the positive implications of the euro zone loan and worries over the depth of Greece’s debt problems resurfaced this morning, putting the breaks on the precious metal mini bull-run.
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices have suffered deep blows in recent trading days as investors fret over the direction of possible interest rate moves and the dollar. “We are seeing liquidation from a lot of fast money that had jumped into gold on the premise that they want to diversify [...]
By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices profited further from a weakening US dollar and rebounding oil prices at the beginning of this week. Gold rose as high as $1044.80 an ounce Tuesday morning and silver performed well reaching as high as $17.43 an ounce. Silver Price: Based on Precious or Industrial [...]
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