Monthly Archives: August 2016

Precious Grey Metal Helps Miners Stock Shine

Silver mine

Credit: PD Photo

After the steady sink in the prices of grey precious metal silver for last five years, which hit its bottom of five years in the month of December last year, in the year 2016 there has been a steep rise in its prices and it’s up by more than 40% since the beginning of the year 2016. This price rally is driving huge gains for silver mining stocks. Continue reading

London Metal Exchange to Reenter Precious Metals

Credit: Kreepin Deth / CC-BY-SA 3.0

The London Metal Exchange along with World Gold Council is starting a new endeavour called LMEprecious. Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe General are also co-owners in this joint venture. Continue reading