Articles Tagged "price of silver"

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.

Smells Like A Silver Short Squeeze In The Making

Blogs Forbes.com reports that the price of silver slipped yesterday to $25.56 an ounce.

Silver Rallies to 30-Year High

Alongside gold’s recent record highs, the demand for precious metals as an asset class has helped propel the price of silver to 30-year highs. Many analysts are concerned the price is trading off momentum and not off fundamentals. However, a major firm has raised their price target even higher.

Low Summer Silver Prices Offer Buying Opportunities

Long-time silver investors are well aware that this isn’t the best time of year for precious metals as gold and silver prices trade sideways to lower, hitting bottoms by mid-August. Despite the depressing name, the summer doldrums do offer a ray of sunshine.

What Makes a World Class Silver Deposit?

Silver is an extremely rare metal only occurring in igneous rock at a concentration of only 0.07 parts per million. For comparison, copper is approximately 785 times more prevalent. Due to its rarity, the main concern in gauging the potential value of a silver deposit is the amount of metal present.

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.

Silver Market: Industrial Demand Plays Important Role

While investment demand will continue to be a driving factor in a healthy silver market, increasing industrial demand is also playing a strong role, according to the Silver Institute’s World Silver Survey 2010, produced annually by research firm GFMS Ltd.