Silver vs Gold? What is better as an investment. Many people are obviously going to say gold. But, to tell you the truth silver prices are expected to sky-rocket three times more fast as compared to gold in this decade. The reason is simple! Silver has far more industrial uses as compared to gold. Silver is being used in a large number of industries like washing machines, conducting electricity, photography. soldering, brazing, welding, making bearing and more. So, you can well imagine how important is silver to our global economy.
why is the price of silver dropping may 2011
There are five reasons why silver prices would go up despite this correction
Silver futures dropped for a third day on Comex as the exchange hiked margin money requirements. The drop is seen as the worst run for the commodity since January.
Gold, silver drop on firm dollar, rate hike in India
Gold and silver were getting pummelled Tuesday on a stronger U.S. dollar and a surprise rate hike in India.
Drop in silver prices hits silver mining stocks
Prices climbed above $49 late last week, and are up about 59 percent this year, with the sharpest gain coming in April. Jeff Clark, a precious metals analyst with the firm Casey Research, attributed Monday's decline to a move Friday by the CME Group Inc. to curb speculative trading.
Silver recovers while gold prices steady
The price of spot gold steadied today after hitting a record US$1,575.79 an ounce yesterday, while silver recovered from its biggest drop in 29 months. The death of al Qaeda's leader Osama Bin Laden accelerated spot gold's drop to $1,540.39 from a record high of $1,575.79 on Monday.....
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why is the price of silver dropping may 2011
There are five reasons why silver prices would go up despite this correction
Silver futures dropped for a third day on Comex as the exchange hiked margin money requirements. The drop is seen as the worst run for the commodity since January.
Gold, silver drop on firm dollar, rate hike in India
Gold and silver were getting pummelled Tuesday on a stronger U.S. dollar and a surprise rate hike in India.
Drop in silver prices hits silver mining stocks
Prices climbed above $49 late last week, and are up about 59 percent this year, with the sharpest gain coming in April. Jeff Clark, a precious metals analyst with the firm Casey Research, attributed Monday's decline to a move Friday by the CME Group Inc. to curb speculative trading.
Silver recovers while gold prices steady
The price of spot gold steadied today after hitting a record US$1,575.79 an ounce yesterday, while silver recovered from its biggest drop in 29 months. The death of al Qaeda's leader Osama Bin Laden accelerated spot gold's drop to $1,540.39 from a record high of $1,575.79 on Monday.....
Read more...
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