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Many investors and stock market experts strongly believe investment in silver could be more lucrative in the coming years. The value of silver is expected to have a surge much higher in terms of percentage than gold during the next financial and economic crisis across the world. Continue reading
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Investors in Kentucky who deal in gold and silver bullion and coins feel that the state is double taxing them with a 6 % sales tax.
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It has not been a year since the downfall of silver, yet investors are eagerly making investments in silver. Silver coins are selling way too fast than gold coins. Analysts suggest that silver investment could produce way more profits than gold in the months ahead. Continue reading
Gold, silver and prices on other precious metals rose on the news of the EU sanctioning a gradual ban on Iran oil and all trade in diamonds, gold, silver and petrochemicals with the Iranian Central Bank. The measures also imply a ban on the delivery of new coins and banknotes to Iran. Continue reading
The current state of positive beliefs about gold is impacting silver’s impending predictions as forecasters believe it will possibly rise to $50 an ounce, riding high on gold’s success. HSBC relies on its gold’s affirmative forecast, where it has prophecised that the precious metal will cost $1,850 per ounce in 2013. Investors depend on these and similar forecasts for gold as they continue to analyze silver’s future. But what holds for gold may not be for silver. They need to have a neutral view of silver, irrespective of what lies ahead for gold. In such situations, the future outlook for silver is raising concerns. Continue reading
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Forex broker IBFX Australia, an affiliate of the Interbank FX Group of companies headquartered in Sydney today, publicized the launch of their gold and silver CFD contracts through its MetaTrader 4 trading platform. Recognizing the keen demand for gold and silver, IBFX has permitted traders to chart and trade these two precious commodities in conjunction with their preferred currencies. Continue reading