Silver – Today, silver rose 1 percent, or $0.22, to trade at $22.03 per ounce. Earlier in the day, it hit $22.16, its highest price since October 31.
Articles Tagged "quantitative easing"
Worries about the Fed's stimulus cut, data out of China and emerging markets weighed on gold, silver, copper and oil prices this week.
The Australian Securities Exchange rose 1.9 points today, ending at 5,190 points. During January as a whole, the ASX fell 16.2 points, or 2.9 percent.
In keeping with European and global investment and pricing trends, the AIM sank today.
Silver – While silver initially moved upward after the Fed said it will be reducing its bond buying by an additional $10 billion per month, today it has taken a fairly precipitous fall.
Gold – Market watchers believe gold's price rise following news of the Fed's stimulus reduction may be due to tapering being priced into the market.
Silver – This morning, silver was up 0.7 percent, or $0.14, to $19.69 an ounce.
Silver – Silver was steady at $19.85 per ounce this morning as investors wait to see what impact the US Federal Reserve's upcoming meeting will have on its bond-buying program.
Silver – Silver was flat today at $19.86 per ounce, according to Reuters. Meanwhile, silver futures for March delivery gained 0.1 percent, or $0.02, to $19.89 per ounce.
Silver – Though gold rose to a one-month high today as a result of "a drop in equities and uncertainty over the U.S. growth outlook," silver remained flat, at $20.35 per ounce.