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On 22nd June 2012, the prices of silver in the United States dropped 3.1 % to $26.72 per ounce, influencing the daily precious metals index. Silver prices in India fell 1.7 % to INR 52 972($940) per kilogram.
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Buying silver is more preferable to other metals such as gold and platinum due to its relative cheapness, which allows you to buy more of the metal.
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There seem to be good times ahead for silver investors. Europe is making efforts to ease out debt. Even the US is showing economic growth, with employment in the US showing a positive trend. These conditions are favourable for the silver market. Continue reading
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Market analysts state that the right time to invest in silver is now. Upcoming macroeconomic new trends state the high potential for silver gains is soon. Continue reading