When ETFs were first introduced to the marketplace a decade ago, they opened up a whole new world of investment opportunities. Now New York-based Global X Funds has extended those opportunities even further. Tuesday, Global X launched the world’s first silver miner exchange-traded fund, Global X Silver Miners ETF (SIL).
By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices dipped over 3 per cent on Thursday following gold’s retraction below the psychological $1,000 level as the US dollar picked up gains. Silver is also under selling pressure as COMEX October options expire today. Recently, several analysts and consulting firms have weighed in on silver’s [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver traded back above $13 an ounce for the first time in more than a week on Monday, climbing 4.4 per cent to outperform gold (1.74 per cent). Silver is riding gold’s rally ahead of key economic indicator reports including details of the U.S. government’s [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver gained 84 cents on the NYME yesterday in reaction to the Treasury’s US$700 billion bailout of the financial sector. As more and more retail, mortgage and investment banks fail, are taken over or nationalized, investors are becoming increasingly leery of paper [...]
AP reports silver mining companies were doing well as precious metals rose despite financial turmoil in the US markets. The price of silver rose 84 cents to $13.32 per ounce Monday on the New York Mercantile Exchange. For complete story, click this link. Follow developments in silver mining and exploration for free. Sign on to the [...]
Mineweb (Editorial) reports third annual Silver Investment Summit held in UK on November 5, 2008. ‘Silver Investment Summit’ is a leading silver investment conference that aims to link junior exploration & emerging silver producing companies plus expert keynote speakers & analysts with financial institutions, brokerage firms and corporate finance & investment houses involved in the [...]
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