Silver prices raised investors' interest - Fashion - Style - Trendy

Wednesday, December 29, 2010

Silver prices raised investors' interest

Unexpected demand from investors in 2010 when silver prices up quickly, speculators and mining companies also increased interest in silver.

Silver prices rising above the expectations in the last four months, gained 51 percent and 30 percent saw the summit of the year.



Silver closed at $ 29.31 an ounce on Thursday, the beginning of 2010 saw the transaction price to $ 08.16.



Gold, platinum and precious metal as one of the four together paladyumla the silver, 86 percent in value this year after growing paladyumun, 74'le percent gained the highest value was the second metal. Gold, 26 percent gained in value, 28 per cent rise bakırdaki was under a bit more.



Metal prices, excess supply and industry has increased despite the low recovery. Many analysts predicted this situation limit the prices of metals during 2010, but did not correct predictions. Analysts expect commodity prices and the thing that attracts up to the high amounts of liquidity into the markets was.



On the other hand, investors' interest in silver, partly reflects the developments in the global economy. Some analysts, the prices of up to $ 15 per ounce, as shown at the beginning of 2010, even backward says profitability will be provided.



Greg Stewart, President of the United Mining Group, "If you ask me are entering a new era in the field of mining, " commented.



* The Wall Street Journal article, "Soaring Price of Silver" has been compiled under the title published in the news.

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