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After the steady sink in the prices of grey precious metal silver for the last five years, which hit its bottom of five years in 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
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November’s presidential election uncertainty in the United States, the Brexit, the Oil meltdown, the European slumping economy, global banking policies and overall economic scenario are helping silver and gold prices to touch newer high every day. Especially silver prices are expected to be pushed upwards up to $30 per ounce by the fall of the year 2016.
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The first half of the year has seen a huge surge in the prices of silver. Silver prices have shot up almost by 50% from January 2016. This has come after almost a continuous downtrend or steady prices of silver for the last three years. Continue reading
The precious metal silver prices have increased by leaps and bounds since the beginning of the year 2016. It has shot up by almost 50% and has reversed the losses of investors for the last 3 years. Continue reading
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Silver prices hitting $20 per ounce leave the market speculating how much silver will rise in 2016. Due to the overall economic scenario globally and especially after Brexit, silver has had double the percentage gain compared to gold. Continue reading
Both precious metals, namely silver and gold, benefit from worries sparked in the market post-U.K.’s decision to exit the European Union or called Brexit. Buyers who feared an economic slump are investing in precious metals and is causing price rising. Continue reading
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Silver, a precious metal also called the white metal, has been known from the early days of the evolution of human being. The well-known usage of silver was mainly for jewellery and as currency in coins, ingots, and bars in the early days. But in the industrial age, this has changed, and the primary usage of this precious metal is in industries now. Continue reading
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Precious metals have long been a sign of affluence in societal systems. However, credit was mostly given to gold as being the most precious one. Continue reading
Various factors are affecting the silver prices in commodity trading, investment, jewellery and industry. The year 2016 has seen a continuous uptrend in this grey precious metal price. The silver prices soared by 27% in the first four months of this year. Continue reading
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Silver, precious metal and also very much valued in the industries due to its peculiar properties. Silver is also having high demand among investors due to very high fluctuations in the world economy. Continue reading