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.
Accusations or collusion in the extremely lucrative precious metals market has resulted in an investigation by a Swiss watchdog group. The price of gold and silver has fluctuated in the past couple of years. This investigation could discover that the price changes result from metal benchmark manipulation conducted by various banks worldwide. Continue reading