Tag: Silver
Silver price on the verge of breakout
Last Friday, July silver closed down 1 cent, or 0.05% at $22.50 an ounce. Prices saw a 0.6% gain on the week. Many traders...
Market players take positions in physical silver
Despite, the current low silver price, investment advisors express opinion that now might be the right time to take positions in physical silver.
Investors are...
Gold, silver retreat in favor of global equities
June gold futures closed down $28.30, or 2%, to settle at $1,396.20 an ounce on the Comex division of the New York Mercantile Exchange....
A Different View of Silver
Why does silver move so much further, and faster, than gold...?
The SILVER MARKET often gets a bum rap. The reason is that often its...
Gold loses luster, but silver shines a little brighter
The physical buying from the Chinese participants were encouraging, but not anywhere near the staggering amounts purchased in the previous week. However, there was...
Silver prices still locked in a tight range after third month...
Spot silver advanced on Wednesday in electronic trading, reaching $24.31 per ounce.
On the Comex in New York silver futures for July delivery closed the...
HSBC cut 2013 silver price forecast on growing mine output
HSBC lowered its gold forecast for this year and next on Friday, saying the recent tumble in prices for the yellow metal has dealt...
Arizona’s Hard Currency: How Much Gold Might It Need?
How much gold & silver might Arizona, Utah and the other states now involved in hard-currency laws come to need...?
ARIZONA is moving to allow...
Gold, silver investors decrease short and long positions
Economic Background
Europe
The political situation in Italy is getting more and more difficult. Both candidates for the Presidency of Italy, Romano Prodi as well as...
Investment banks revised forecasts worry precious metals producers
Precious metals producers review expenditure, assess future exploration projects
Gold mining stocks were under heavy selling pressure last Monday, while gold prices remain in the...
Gold and silver prices crushed; Opportunity for investors presents
Gold prices have suffered their sharpest fall since the 1980s yesterday, closely followed by silver. This development was caused by fears among investors that...
Cyber Monday for Gold and Silver Traders
Gold futures tumbled by more than $110 on Monday so far, deepening their descent after officially entering bear-market last week. Prices for industrials metals...
Gold under considerable pressure
Gold market has officially slid into a bear market
Economic Background
Europe
The 17 member states of the Eurozone agreed to a seven year loan repayment extension...
Silver prices jumped along stronger euro
Silver reached its highest level in more than a week yesterday. The rebound was triggered mostly by the recent strength of the euro. The...
UBS lowers 2013 gold price forecast; Maintains 2014 forecast
On Tuesday, UBS said it has lowered its gold price forecasts for 2013. The bank cites the yellow metal's weakness since the beginning of...
Spark could ignite fresh fundamental buying in gold, while silver technicals...
Economic Background
Europe
The European Central Bank (ECB) leaves the key interest rate unchanged at 0.75 per cent.
The Bank of England (BoE) does not increase Quantitative...
Credit Suisse cuts gold price outlook for 2013 & 2014
On Wednesday, Credit Suisse cut its outlook on gold prices for this year and the next one. The bank expects Asian physical demand for...
Gold and silver fell sharply on a flow of positive economic...
Late Tuesday the price of precious metals edged down by more than 1.5%. This was the largest one day decline in more than a...