Monthly Archives: October 2012

Royal Canadian Mint Introduces New Silver Investment Product

The Royal Canadian Mint has issued a public offering of exchange-traded receipts (ETRs) under the new Canadian Silver Reserves Program. Each ETR is the proof of ownership of physical silver bullion, held with the Mint at its reserve facilities. The Canadian Silver Reserves Program denotes further expansion of the Mint and its success in core bullion as well as refinery. Continue reading

India Responsible for Rising Silver Prices

The rising prices on silver have been attributed to India’s renewed interest in the white metal. In the third quarter of 2012, silver prices rose 25% thanks to increased volatility and healthy returns on silver ETFs. This change in behaviour has subsequently attracted investors who have typically favoured gold investments, including gold’s own country – India. Continue reading