Silver May Be Positioned for Undersupply
Mineweb reported that the silver demand/supply scenario may be leaning towards an undersupply position.
Mineweb reported that the silver demand/supply scenario may be leaning towards an undersupply position.
Mineweb reported that the Silver Institute predicts investment demand for silver will rise in 2012.
Reuters reported that India's silver imports may only rise 4% in 2012, compared to a 70% increase last year.
CNNMoney reported that lawmakers in several US states want to explore the possibility of issuing their own currency made from silver and gold.
Commodity Online reported on the supply and demand scenario in the silver market.
Bloomberg reported that an oversupply of silver is finally beginning to vanish.
eSilverprices.net reported that India silver was up Rs 3,100 as buying increased.
Industrial demand for silver is seen as a strong fundamental that will provide support for silver prices over the long term.
The silver market in 2012 is expected to take investors for another wild ride. Analysts' predictions vary as to the lows and highs but many predict a similar yearly average.
Reuters reported that India is reducing the amount of silver in some products as prices soar.
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