Beware! Those who rush to buy gold must not neglect silver. If the present trend continues silver will be the metal people should be watching. As per experts, silver prices will go up faster than gold rates in the coming days due to increased demand and a shortage in supply. Frank, CEO of the Butzbach-based investment [...]
COMEX silver prices for March 2009 contract ended higher by 38.90 cent, at $14.0490/ ounce, after dealing between $14.230/ounce and $13.540/ounce yesterday. For full story, click here
Silver futures were down 5 cents per ounce at $14.04, managing to hold onto its 14-dollar leg. For full story, click here
Spot Silver prices shall find support at $14.06/$13.80 whereas resistance is seen at $14.49/$14.66. For full story, click here
The firm, which started listing silver rates last month, hiked the rate of the metal by INR 1,680 a kilogram to INR 23,580 per kilogram from the February 12th 2009 level. For full story, click here
Increase in risk aversion among traders amidst tumbling equity markets and growing concern over deepening recession increased safe haven demand for [recious metal. For full story, click here
MCX March Silver shall find support at 22850/22550 whereas resistance is seen at 23250/23450 levels. For full story, click here
At just over USD 14 an ounce, silver is around 34% off its record highs, 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
The ratio rise could be attributed to a stronger drop in Silver prices at the end of August than that of Gold. Both commodities experienced price drops, and for July and August, the ratio remained flat. For full story, click here
Tuesday, March 10, 2009