By Melissa Pistilli-Exclusive to Silver Investing News After closing over $15 an ounce on Tuesday, the price of silver is up about 8 per cent over the past month. In all respects, silver is putting on a bullish display early in the September rally season. On the year, the silver price is up 32 per [...]
By Melissa Pistilli-Exclusive to Silver Investing News The silver price was on quite a tear this last week. Ending the month of May up 27 per cent, the white metal posted its largest monthly gains since 1987. However, after reaching a 10-month high of $16.25 in overnight trading, silver’s rally ended as prices began to [...]
By Melissa Pistilli-Exclusive to Silver Investing News After reaching a nine-month high on Friday, the spot price for July silver on the COMEX closed down 8 cents to $14.61 an ounce Tuesday on a rebounding dollar, a slight Wall Street rally and profit-taking. But many industry analysts view this dip as merely a pullback before [...]
By Melissa Pistilli-Exclusive to Silver Investing News The latest events affecting short-term silver spot price fluctuations have come out of China and Mexico. Silver was trading higher Monday morning on news that China has been actively increasing its gold reserves and that the swine flu outbreak in Mexico has spread further North into the U.S., [...]
By Melissa Pistilli-Exclusive to Silver Investing News Like many commodities heading into the traditional Thanksgiving slowdown, silver is holding steady. Silver ended the day Wednesday at $10.27/oz. The next upside target for the precious metal is $11.09 with a key resistance level at $10.46 and a key support level at $9.15, says Crown Forex. Trading [...]
By Melissa Pistilli-Exclusive to Silver Investing News In the view of the many silver bulls, the precious metal is back on track towards regaining its historical role as a hedge against inflation. As the global financial crisis deepens, silver may soon be tested as inflation is projected to soar. At the third annual London Silver [...]
By Melissa Pistilli – Exclusive to Silver Investing News Silver futures for December delivery tumbled as low as US$10.21 on Thursday, the lowest price for the precious metal since June 28, 2006, as the dollar climbed to its highest level in a year. Silver was not the only casualty of the dollar’s comeback; [...]
By Melissa Pistilli – Exclusive to Silver Investing News The sixth annual Silver Summit, dubbed the world’s premiere silver investment conference, will be held between September 18-19 in Coeur d’Alene, Idaho. Silver enthusiasts from all over the world will gather in this lakeside resort town to discuss “silver mining, silver stocks, silver investments, silver strategies, [...]
By Melissa Pistilli – Exclusive to Silver Investing News Silver experienced a short rally on Wednesday, climbing 36 cents to $14.85/oz, as the dollar fell from a six month high against several other currencies, oil rose slightly, and U.S. equities traded lower. But, in New York late yesterday silver lost those gains and much more [...]
By Melissa Pistilli – Exclusive to SilverInvestingNews.com On Wednesday, I expressed my dismay over silver’s steady decline after the big gains I had excitedly witnessed over the last couple weeks. But still, I remain optimistic that the precious metal will rebound from this latest set-back. Obviously, exorbitant prices at the pump do deflate demand and [...]
Get our independent commentary on silver trends and companies delivered to your inbox.
