Articles Tagged "silver spot prices"

Stagnant Economic Data Helps Silver

The dollar firmed up today on consumer confidence reports that show a modest improvement. However, jobs, housing and income expectations fall, painting an unflattering picture for the U.S. economy. Silver was more than likely helped by speculations that the Feds will try to create inflation with another round of large asset purchases.

Chinese Dragon Danger to Global Recovery?

By Melissa Pistilli-Exclusive to Silver Investing News Tuesday, silver spot prices managed to recover slightly from last week’s sell-off hitting as high as $16.81 in New York early morning trading to close later in the day at $16.70 an ounce. However, silver fell as low as $16.37 early Wednesday morning as the dollar rebounded. Analysts [...]

Rising Political Risk in Latin America

By Melissa Pistilli-Exclusive to Silver Investing News We’ve seen silver spot prices flirting with $18 an ounce for a few weeks now and according to James Burbage III, President of Lloyds Asset Management, we could see silver hit $23 before the end of this year. “Silver has been the sleeping giant that’s being awakened by [...]

Silver Bulls: Still Reason to Smile

By Melissa Pistilli-Exclusive to Silver Investing News Silver spot prices tracked gold lower last week after a bullish run that saw both stocks and commodities in general boosted by a return to risk appetite in the market as investors became increasingly optimistic economic recovery is becoming a reality. Precious metals have especially benefitted from a [...]

Silver’s Future Remains Bright

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 [...]