Precious metals prices were popping off of holiday lows Monday as traders returned to the markets. Gold had jumped as high as $1124 an ounce by 9:30am in New York and silver soared to $17.59 by 11am as a weaker dollar made the shiny cousins much more attractive.
Gold had jumped as high as $1124 an [...]
As we wait for confidence in the economic recovery and commodities demand to pick up, can the silver price count on the gold market?
Others are confident that gold has much farther to go and rest their assertions on the possibility that the quantitative easing methods employed by central banks across the world will lead to [...]
Silver Investing News reports silver spot price took a hit and later recovered this week.
Silver had a pre-summer doldrums rally on June 3, almost doubling its October 2008 low, reaching $16.22 an ounce. However, it’s suffered a few slides over the past month on profit-taking, improvements in the dollar, and uncertainty over industrial demand.
For complete [...]
Silver Investing News reports the spot price of silver came under further selling pressure under the weight of a stronger U.S. dollar.
Commodities across the board tumbled yesterday on the latest report from the World Bank that the world economy is forecasted to contract 2.9 per cent this year as opposed to earlier estimates of a 1.7 [...]
Endeavour Silver Corp. reports its Chairman and CEO, Bradford Cooke commented on the recent sell-off of equity and commodity markets.
“Endeavour’s fundamentals remain very strong,” stated Mr. Cooke, “And the sharp market sell-off of gold, silver and precious metal mining stocks in recent weeks appears to be somewhat excessive. Silver and silver shares in particular seem to have [...]
Endeavour Silver Corp. reports that it has discovered 4 new zones of high grade silver-gold mineralization on at Guanajuato Mines project in Guanajuato State, Mexico.
The best results to date are in drill hole SJS-1, which intersected 374 grams per tonne silver and 3.14 gpt gold over 9.50 m (15.9 oz per ton silver equivalent over 31.2 feet), [...]
Endeavour Silver Corp. reports its financial and operating results for the second quarter 2008.
The financial results are expressed in US dollars (US$) and are based on Canadian generally accepted accounting practices. For a more detailed review, shareholders can view the complete financial statements and management discussion and analysis at the Company’s website, www.edrsilver.com and on [...]
Tuesday, January 5, 2010
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