Silver Prices Down 1%
IBTimes reported that silver prices were down 1% on the week.
IBTimes reported that silver prices were down 1% on the week.
Silver has been acting like other physical commodities. This could be a cause for concern given the macroeconomic and investor sentiment uncertainty.
Huldra Silver Inc. (TSXV:HDA) announced it has agreed to a lead silver ore purchase agreement that is tied to the price of silver.
Mineweb reported that Haywood Securities is maintaining its 2012 silver price outlook despite signs of volatility.
Bloomberg reported that silver exchange-traded product holdings dropped to their lowest since January 2008.
Mining Weekly reported that the World Silver Survey said silver prices reached a record average of $35.12 in 2011.
Mineweb reported that Thomson Reuters GFMS is expecting silver prices to reach just over $40 in 2012.
MarketWatch reported that silver prices were down on new China's economic growth rate is slowing.
Are market events such as Fed speeches and jobs reports used to disguise silver manipulation? Whistleblowers say yes.
Reuters reported that India's silver imports could fall up to 27% in 2012.
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