Monthly Archives: July 2012

A Modest, Bullish Outlook for Silver Prices

Investor interest in silver will continue to play deciding factor for silver prices over the following months. The prices on silver will go back to $30/oz and remain consistent throughout the year, if HSBC’s Outlook report is anything to go by.

This report was generated taking into account factors like over ground excess stock of silver due to an unequal scale struggle between moderately increased mine production and scrap silver supply and mediocre demand in industrial and physical demand. Continue reading