By Melissa Pistilli-Exclusive to Silver Investing News After taking a dive earlier this week as confidence rushed into the equities market, the silver price rallied to a three-week high, up 12.7 per cent to $13.44/oz on the COMEX on Thursday morning, out-performing gold. Silver and gold prices are riding high after the Fed’s surprising announcement [...]
By Melissa Pistilli-Exclusive to Silver Investing News The price of silver suffered further losses Tuesday as equity markets recovered from three days of decline, dampening interest in precious metals. Silver fell 3.1 percent and gold dropped 2.2 percent as North American stock markets rallied. The Dow picked up 379.44 points (5.8 percent), the S&P 500 [...]
By Melissa Pistilli-Exclusive to Silver Investing News Despite mixed actions in the silver price over the last week, market analysts remain confident silver is on an upward trend. No new stimulus plans out of China, central banks slashing interest rates, and depressing job loss numbers out of the US are all signs that the global [...]
By Melissa Pistilli-Exclusive to Silver Investing News On Tuesday, the silver price hit its lowest level in nearly a month as the equities market rebounded. The S&P 500 Index rose 1.5 per cent. “Another sector rotation could take place with speculative funds abandoning safe-haven assets to pile into oversold equity markets,” said Jon Nadler, senior [...]
By Melissa Pistilli-Exclusive to Silver Investing News Silver is on a roll. This week the precious metal has soared past a more than five-month high reaching upwards of $14.35 Wednesday morning. Analysts have said if the price can breach $13.88 (which it has and then some), then we could very well see the silver price [...]
Silver stocks, which command a combined global market value (capitalisation) of USD 13bn, currently rank as the best performing equity sub-sector in the world, led by stellar performances from Silver Standard, Fresnillo, and First Majestic. For full story, click here
Precious metal prices moved strongly higher on Tuesday, led by gold bullion, which hopped more than USD 30 an ounce to above USD 970 at one stage, prompting yet another sparkling performance by listed gold equities. For full story, click here
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 [...]
By Melissa Pistilli-Exclusive to Silver Investing News Fresnillo Plc has asked the Ontario Securities Commission to review MAG Silver’s [TSX: MAG] decision to halt valuation proceedings. The Mexican mining giant is calling the suspension “an inappropriate delaying tactic” towards its takeover bid. In December, the world’s largest primary silver producer announced a $4.54 a share [...]
By Melissa Pistilli-Exclusive to Silver Investing News The global credit crunch is forcing mining companies to turn away from skittish banking institutions to public offerings to raise the money needed for acquiring new properties, advancing projects and paying off debts. Recently, a slew of precious metals producers have decided to take advantage of rising investor [...]
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