Monthly Archives: July 2011

Hong Kong Mercantile Exchange is the best deal for silver

China was the market for almost 23 percent of international consumption of silver. If you have been wary of investing in silver, now is definitely the time to reconsider. The Hong Kong Mercantile Exchange has just started trading on silver futures. This will grant Asians direct access to the dollar-denominated Chinese silver futures and lower the US prominence in trading of silver bullion. Continue reading

Silver investment will continue to grow despite volatility

Silver is not gaining momentum, surely not after crashing from $50 per ounce to $32-36 per ounce. Things are not hunky-dory for the commodity but according to experts, investors should stop greying their hair over the volatility of silver as even today the precious metal is a good investment due to its extensive use in the industrial arena. Continue reading

Acquisition of historic mine by Silver Horn Mining Ltd

Silver Horn Mining Ltd is a mining company that stresses on silver and develops and explores mining resources. The Company announced its acquisition of the Tip Top Mine in Yavapai County, AZ. The position of the company has strengthened in the mineral-rich soil of the Bradshaw Mountains with this acquisition along with the possession of the ‘76’ Mine. Continue reading

PAMM Analysis: Increasing demand for silver

Market trends suggest that the demand for silver has drastically decreased. However, silver is trying to maintain its influence over industries. It is a precious metal for safe investment. This might be because of its counterpart, gold which must have more monetary values as compared to silver and it can also combat economic issues of life. However, everybody can’t afford to invest in gold. That is why people have started investing in silver too. Continue reading

Emerging prospects for silver in industral uses

Credit: Jurii / CC-BY-SA 3.0

The silver prices after soaring to $50 are now shuttling in the narrow margin from $32 to $36 per ounce. It is difficult to forecast the future of silver prices in the immediate term. However, there are several reasons that silver prices may spell well for investors in the medium and long term considering the several factors affecting silver prices. Continue reading