Silver – The Financial Post reported that CIBC decreased its 2012 outlook for gold and silver prices, stating the Federal Reserve will most likely not announce QE3 this year, as well as a decline in demand for gold from India and political instability in Europe.
Silver – IBTimes reported that silver prices rallied in end-of-week trading.
Silver – The most recent Resource Investing News biannual Investor Survey reveals that while investors remain optimistic about the long-term potential of the commodities markets, a large majority are hedging their bets on precious metals like gold and silver.
Gold – Mineweb.com reports that Argentina's Patagonia region looks like becoming a major gold and silver mining province.
Gold – One significant factor underpinning the price of gold right now is high expectations of inflation increasing globally. Although many analysts agree that inflationary concerns will provide support for gold prices, some are much more bullish in their price forecasts than others.
Silver – Both Greece’s debt crisis and India’s inflation concerns are dollar supportive, putting downward pressure on silver prices.
By Melissa Pistilli-Exclusive to Resource Investing News Gold Investing News Risk-loving investors are once again taking a shine to junior gold miners with serious property plays. Especially since producing majors are beginning to snap up exploration and development companies. Some miners making the news include gold and silver miner Canplats Resources Corp [TSX-V: CPQ], for [...]
Silver Investing News reports silver taking its cues from gold making its future bright. While prices aren’t expected to take any considerable losses in the short-term, just how far prices will advance in the medium to long-term is up for debate. While Coulling’s technical analysis suggests silver’s “bullish momentum remains intact”, she quickly points out [...]
Silver Investing News reports silver and gold prices have been hurting with the banks stablizing with the markets. “There’s so many cross currents out there. People are still very frustrated and can’t figure out what’s happening,” said Sal Masionis, a stockbroker at Brant Securities. “We still don’t know where this whole thing is going to [...]
Get our independent commentary on resource trends and companies delivered to your inbox.
