While inflation fears and aggressive speculation continue to dominate the market we can expect to see further fluctuations in precious metals prices. Gold is expected to continue to rise in the future, bringing silver along for the ride.
The drag on silver can be attributed in part to normal seasonality and downward pressure on industrial metals. [...]
Silver Investing News reports silver prices taking the direction of gold during this year.
Increased inflation fears and dollar woes have pushed many investors into safe haven assets, so silver has taken much of its price direction from gold this year; however, as industrial production levels pick up the white metal will undoubtedly outpace gold.
Industrial use [...]
Tin Investing News reports tin prices have been rallying for the past few months in its highs and lows.
An estimated 11.2 per cent fall in Indonesian tin exports in July to 8,778 tonnes, helped support the market, though exports for the first seven months of the year from the world’s second biggest producer of the metal [...]
Silver Investing News reports silver fell almost 6% on drop of commodity prices.
The dip came as traders pulled out of the commodities and equities sectors and poured into the dollar on fears that economic recovery is still a ways off. Silver took a bigger hit than gold as its losses were also tied to downward [...]
Copper Investing News reports copper prices have improved with economic optimism in the copper markets.
Optimism surrounding an economic recovery drove copper to a ten month high on Wednesday, as investors flooded the market with money, betting on stronger demand. Three-month copper on the London Metal Exchange hit $6,149 a tonne, the highest since last October, [...]
Copper Investing News reports copper prices have rallied at 80 per cent this year on the back of Chinese State Reserve Bureau (SRB) purchases.
If China’s purchases grind to a halt, so will the red metal’s rally. So far, copper’s ascent has been a China only story- that has overshadowed weak demand elsewhere in the world. The metal for [...]
Gold Investing News reports gold prices may decline in the next couple of weeks and start climbing up again in the future.
Although gold is facing some headwinds, the overall financial environment remains bullish for gold.” In their recently published Metals Matters, ScotiaMocatta has noted that IMF gold sales are now all but inevitable, as a [...]
Silver Investing News report silver prices were down on Monday.
The markets are expected to be mixed during the week with a quiet Friday as both US and Canadian markets close for holidays and the start of the summer vacation season commences.
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Silver Investing News reports silver price rallied up to 27% ending in a high for this year.
The price of silver has been buoyed up not only by stronger gold prices and a weakening dollar, but also from recent bullish copper prices. As an industrial metal, silver often takes cues from the base metal market and [...]
Copper Investing News reports copper prices in a rally recently.
Chinese stockpiling and restocking, tight scrap supply and improved demand have lifted copper in Shanghai to a premium to the London price; this arbitrage opportunity has, in turn, supported imports. So far this week, stockpiles of copper in LME-monitored warehouses fell 1.6 per cent to 450,100 [...]
Wednesday, November 4, 2009
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