Silver prices will end this year at a lower average than last year’s average of $31.15 per ounce, the Silver Institute said Wednesday. “That expected decline will be largely due to the sell-off we’ve just seen in the last couple of weeks,” said Neil Meader, head of precious metals research and forecasts at London-based Thomson [...]
Apr 25 2013 | Posted in
Silver Analysis |
Read More »
Silver prices could return to above $30 an ounce yet in 2013 if catalysts should occur to reignite fund demand, such as a weaker U.S. economy or if cantankerous U.S. budget and debt-ceiling talks prompt another downgrade of the country’s debt, a leading precious-metals consultancy said Wednesday. “For the moment, we would expect to see [...]
Apr 25 2013 | Posted in
Silver Analysis |
Read More »
The key concern with the data for March was that it revealed weakness across all four products of imports with silver powder down by 19% y/y as well silver jewellery falling by 13% y/y. Only silver powder imports are up for the year to date. Silver was the one area of weakness in the China’s [...]
Apr 24 2013 | Posted in
Silver Analysis |
Read More »
Supply of silver from above-ground stocks fell by 7.5 percent to 261.3 Moz in 2012, driven by a continued decline in government stock sales, a drop in scrap supply, and the absence of net-producer hedging. Producer de-hedging added 41.5 Moz to the demand equation in 2012, the report said. It appears that governments in China [...]
Apr 24 2013 | Posted in
Silver Analysis |
Read More »
A pick-up in manufacturing activities and an overall improvement in the global economy should help silver’s fabrication demand recover this year, respected precious metals research firm Thomson Reuters GFMS said in a report on Wednesday. Strong buying of silver coins and bars by bargain hunters after a sharp price fall this month is expected to underpin investment demand, which [...]
Apr 24 2013 | Posted in
Silver Analysis |
Read More »
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/images/quotes_7a.gif)
