Silver – Silver was the worst-performing metal of 2013, but a recent PricewaterhouseCoopers report shows that those mining for the metal are optimistic about next year.
Articles Tagged "silver outlook"
Silver – Word is that CPM Group and the Gold Anti-Trust Action Committee (GATA) plan to face off over silver and gold market manipulation at this year's Silver Summit.
Silver – Kitco reported that according to CPM Group's recently released Silver Long-term Outlook 2013 study, silver prices may consolidate for another three years before there is a pick up in investor interest and industrial demand. At that point, a "secular bull trend" may resume, with prices reaching "nominal highs."
Silver – In its latest quarterly report, Standard Bank states that it remains bearish on silver, noting that it believes the white metal will still trade below $20 per ounce for "short bouts" this year. The firm also maintains that silver's "underlying demand/supply fundamentals remain weak and that inventory is abundant."
Silver – The Globe and Mail reported that Canaccord Genuity has cut its outlook for both silver and gold prices, also downgrading and cutting price targets for many precious metals stocks, including Pan American Silver Corp. (TSX:PAA,NASDAQ:PAAS).
Silver – YouTube user Drutter has been making the news recently with his videos on the growing divergence between the market price of silver and physical demand for Silver Eagles from the US Mint. Silver Investing News asked David Morgan of The Morgan Report to shed some light on the topic.
Silver – The Economic Times reported that Morgan Stanley has lowered its gold and silver price forecasts due to Federal Reserve Chairman Ben Bernanke's assertion that the central bank may restrict quantitative easing or end it altogether.
Silver – Spot silver prices rose $0.67 to reach $22.60 an ounce today.
Silver – Silver prices declined for much of the week, but today's uptick has some experts thinking that improvement is on the way.
Silver – Driven by strong investment demand, silver reached the second-highest average price on record in 2012. But the average price in 2013 will likely be lower.