Silver – Bloomberg reported that India raised the tariffs on gold and silver imports, which marks the third increase this year.
Articles Tagged "silver market"
Silver – Bloomberg reported that India plans to curb imports, including silver, in an effort to trim their record deficit.
Silver – Bloomberg reported that silver may build another 12 percent on losses on top of its slide so far this year, hitting a three-year low, as it moves into a bearish pennant pattern, according to Barclays.
Silver – Bloomberg reported that the gold-silver ratio is forecasted to shift to 70 by year's end on an oversupply of silver.
Silver – Reuters reported that silver ETF holdings surged to levels not seen since January, as lower prices enticed retail investors.
Silver – The Financial Post reported that Goldman Sachs says that silver prices will retreat slightly from its current price of $20.20/toz to $19.60/toz over the next 12 months, tracking gold.
Silver – Mineweb reported that for investors that are confident that gold has bottomed, silver should be considered as a purchase as well.
Silver – BBC reported that Britain’s Royal Mint is giving away 2,013 silver coins to babies born on the same day as the new future King of England.
Silver – CNBC reported that, while the consensus of a number of analysts is that silver will outperform gold in the long term, it may experience more difficulty in the short term, because of its vulnerability to the state of economic growth, linked to its industrial uses.
Silver – CNBC reported that silver tracked gold upwards on Wednesday, spurred on by Bernanke's comments suggesting that loose monetary policy will continue to play a role.