By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices are taking heavy hits in the recent week from continued European economic woes that are helping to support the dollar. On Wednesday, silver prices plunged threatening a breakdown once again through the $15 an ounce support level as volatility in global currency markets spilled over [...]
Continue reading "Greek Financial Crisis Weighs on Silver"
Tuesday, October 6, 2009
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 [...]
Continue reading "Precious or Industrial Metal? –Part One"
Monday, May 11, 2009
By Melissa Pistilli-Exclusive to Silver Investing News As the fundamentals behind the US economy continue to teeter on the edge, gold and silver prices are posting impressive gains. Once again, silver is outperforming gold in its week long price rally that started around $12.50/oz and now flirts with the $14.00 level. Last week, gold rose [...]
Continue reading "Silver’s Rally Continues"
Wednesday, February 11, 2009
By Melissa Pistilli-Exclusive to Silver Investing News So far, February has been a good month for silver as it climbs more than a US$1 since the beginning of the month, putting in its biggest gains Wednesday morning. On Friday, the precious metal closed at $13.13/oz only to fall to $12.88/oz Monday on profit taking. Tuesday’s [...]
Continue reading "Silver price on the rebound"
Friday, November 14, 2008
By Melissa Pistilli-Exclusive to Silver Investing News Increasing trepidation in the markets brought on by the reality of recession has sent precious metals and commodities prices tumbling this week. The current drops have “nothing specific” to do with gold and silver, said Dave Rinehimer, one of the directors with Citigroup Global Markets. “It’s just renewed weakness [...]
Continue reading "Quality juniors can and will recover"
Tuesday, November 4, 2008
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 [...]
Continue reading "Undervalued: Coeur d’Alene Mines"
Tuesday, July 29, 2008
By Melissa Pistilli – Exclusive to SilverInvestingNews.com It’s been a pretty slow and uneventful last few days, typical for this time of year in the resource sector. Activity on the precious metals front has been relatively quiet. Silver experienced a very modest rise to close at $17.49/oz on Monday over concerns of a chance rebound [...]
Continue reading "The Slow Days of Summer"
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Tuesday, February 16, 2010