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 [...]
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.
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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 Endeavour Silver Corp. is a Canadian based silver mining company focused on the growth of its silver production, reserves and resources in Mexico.
Since founding in 2004, production has grown to producing 2,340,000 ounces of silver (plus gold) in 2008, proven and probable reserves of 9.5 million ounces of silver equivalent (Ag-Eq), [...]
Silver Investing News reports silver prices fell with a stronger dollar.
Precious metals price rallies are usually disrupted by gains in the dollar and easing oil, which reduce safe-haven investment appeal.
Dollar strength has hit commodities across the board as they become more expensive for holders of other currencies.
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Silver Investing News reports a slight dip in silver prices.
After reaching a nine-month high on Friday, the spot price for July silver on the COMEX closed down 8 cents to $14.61 an ounce Tuesday on a rebounding dollar, a slight Wall Street rally and profit-taking. But many industry analysts view this dip as merely a [...]
Silver Investing News reports silver has outperformed gold this year.
“Safe-haven flows seem to have ebbed out of the gold market,” said Jon Nadler, a senior analyst at Kitco. “People see the gains in stocks and they think, ‘Let’s take a little bit of money off the gold table and put it into where the action [...]
Silver Investing News reports silver continues to rally and its outperforming gold.
Last week, gold rose a mere 3.1 per cent compared to silver’s sharp climb of 11.6 per cent. There are hints in the market that global industrial demand for silver will soon pick up, adding to already robust investment demand.
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Silver Investing News reports the impact on silver as the Mexican Swine flu becomes a top news in the business world.
The price of silver traded back above $13 an ounce for the first time in more than a week on Monday, climbing 4.4 per cent to outperform gold (1.74 per cent). Silver is riding gold’s [...]
Silver Investing News reports silver prices looking stronger in the long-term.
A rebound in silver and gold prices after taking a hit is always expected as bargain hunters enter the market. Declines in the equities market this week have also pushed some investors back into the safe-haven of precious metals.
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Wednesday, August 19, 2009
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