Sunday, August 14, 2016

Silver Prices to Hit New Highs in 2010

November 16, 2009 by · Leave a Comment 

By Marc Davis, SilverSeek Silver may yet outshine gold in 2010 as spot prices for the white metal respond to the prospect of a surge in industrial demand. With a little additional help from investment demand, silver may even rally into the $25 an ounce range. So says Chintan Parikh, a commodity analyst at the CPM [...]

Silver Prices Bounce Back in NY and London

October 26, 2009 by · Leave a Comment 

Silver prices returned with some luster following their declines last week when prices slumped below yearly highs. The metal enjoyed weekly gains of 2.0 percent in London and 1.7 percent in New York — both closing at their at their highest weekly levels this year. New York silver futures for December delivery finished Friday at [...]

Weekly Market Recap 10/23/09

October 24, 2009 by · Leave a Comment 

ScotiaMocatta, the precious metals division of the Bank of Nova Scotia, said on Thursday that gold prices could rise to a high of $1,400 an ounce in 2010 as investors turn to the metal as a store of wealth, as reported to Reuters. The unemployment rate has been increasing at an alarming rate, yet the [...]

Silver Prices Retreat from Year Highs

October 17, 2009 by · Leave a Comment 

Silver prices in both New York and London retreated from last week’s highs with both markets settling at weekly losses of more than 1.5 percent. New York silver futures for December delivery closed Friday at $17.42 an ounce, declining 27 cents, or 1.5 percent, from last Friday’s close of $17.69. London silver was set to [...]

Weekly Market Recap 10/16/09

October 17, 2009 by · Leave a Comment 

Gold hit another record high this week, as the yellow metal moved above $1,070.00 per ounce. “There’s lots of concern about the weakness of the dollar, and this had been driving gold,” said Peter Fertig, owner of Quantitative Commodity Research to the financial website Bloomberg.com. “The fear that central bank exit strategies will come too [...]

Silver Coin Melt Values at Fresh Highs

October 11, 2009 by · Leave a Comment 

Silver coin melt values registered fresh highs last week, displacing the previous peaks reported just three weeks ago. The gains came as a result of record silver prices, with London silver reaching $17.80 an ounce on Thursday.   (…)Read the rest of Silver Coin Melt Values at Fresh Highs (523 words) © Silver Coins Today [...]

Silver Prices Soar in NY and London

October 10, 2009 by · Leave a Comment 

Despite ending lower on Friday, silver prices blasted off this week with London silver surging 8.8 percent and New York silver soaring 9 percent. To the numbers… New York silver futures for December delivery closed Friday at $17.69 an ounce, jumping $1.46 from last Friday’s close of $16.23. London silver roared ahead $1.42 on the [...]

Weekly Market Recap 10/09/09

October 10, 2009 by · Leave a Comment 

This week, Gold broke through its all time high and set a new benchmark at $1,061.10 per ounce. Concerns about the weakened U.S. Dollar and a second economic downturn, along with increased risk of higher inflation, were the leading causes for the commodities boost this week. Other factors had an impact as well, such as [...]

Silver Prices Recover Slight Portion of Prior Week Losses

October 3, 2009 by · Leave a Comment 

Silver enjoyed weekly gains, albeit slight, following last week’s trouncing when the metal lost more than 5%, breaking a four-week winning streak and falling from 2009 highs. New York silver futures for December delivery closed Friday at $16.23 an ounce, rising 17 cents, or 1.1% for the week. London silver, which is set earlier on [...]

Weekly Market Recap 10/02/09

October 3, 2009 by · Leave a Comment 

Just when Wall Street wanted you to think it was okay to wade back into the stock market, some all too familiar sharks continued to muddy the water for investors. The Fall of 2008 marked the beginning of the biggest financial down slide in the U.S. since the Great Depression. Unfortunately, not much has changed [...]

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