Silver’s Slide Ends in January, 2010
January 30, 2010 by goldguru · Leave a Comment
Silver prices can head no lower in January, but only because the trading days ended for the month on Friday. Silver tumbled during the first month in 2010, falling 4.1 percent in London and 3.9 percent in New York.
The strength of the US dollar and worries over industrial demand were commonly cited for silver (and platinum) declines.
The enormous surge in prices during the first week of the year helped to lesson the impact of a mostly declining trend seen in the remaining days and weeks. Last week prices decline the most in January, but this week was no bed of roses for the metal either.
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Read the rest of Silver’s Slide Ends in January, 2010 (546 words)
© Silver Coins Today for Silver Coins Today, 2010. |
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