Tag Archives: precious metals

Silver Prices On The Way To The Peak?

Precious metals investment market is sending vibes that the increasing prices on silver metal will only continue to go even higher. And hence, this period is considered as the best time to invest in silver market before silver prices reach the peak. Continue reading

China Emerging as Ruler of Silver and Gold Investment Market


Though the experts say that the current prices on precious metals are comparatively high than they used to be some years ago, current prices are sending shivers down everybody’s spine who want to buy silver or gold. But not the Chinese.

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Silver Market in Peru Hampered

Downfall in silver market is what Peru, the second-largest silver producing country in the world, is going through.

Eclipse to the profits of mining companies in Peru is the indicators of decreasing financial benefits of companies.

Compania de Minas Buenaventura SAA, one of the leading silver mining companies in Peru, declared reduced profits compared with those in earlier year. The company said its net income in the first-quarter  of last year was $224.8 million while this year’s first-quarter has not been able to show the net income beyond $207.5 million.  It also revealed that the shares of the company have come down to 82 cents from 88 cents per share last year. Continue reading

South American Silver Corp. Declares First Closure of Financing

South American Silver Corp declared its first closure of $6.4 million on 16 April 2012. A final closing is expected to take place on or before May 11, 2012 for the remainder of the Offering. Continue reading

Comex Silver Stocks: Highest In Last 10 Years

According to the Reuters report, the U.S silver stocks hit the highest mark on April 16, 2012. A spokesperson at US exchange operator CME group that owns COMEX reached 284.28 million ounces on the day.

The analysts of the silver or precious metals market in general say that when people start preferring to get into Comex, it is because they don’t have a better option of dealing with the metal. Comex stocks become strong as a result of low premiums which indicate low global demand for the metal. Continue reading

Dividends in Form of Silver and Gold!

Gold Resource Corp. – a low-cost gold producer is launching Gold and Silver Dividend Program on April 10, 2012 for its shareholders.

President of Gold Resource Corp, Jason Reid said that the new program will be beneficial for shareholders, for sure. He also added that delivering dividends in form of silver and gold to the shareholders of the company was a long-term goal which is now on the way to being accomplished. Continue reading

Silver: An Industrial Metal

Though silver is one of the precious metals, it is also used as raw material in various industrial processes.

The world is now getting introduced to various industrial uses of silver every other day. Due to the newly found industrial processes, gadgets or appliances that require silver as a raw material make the demand for silver go higher and hence the prices.  Continue reading

Why Silver Prices Are Higher Than Ever?

Though silver is looked upon as secondary or a metal with lesser importance than gold, many people don’t know that silver is far more in demand for its industrial usage.

It is required for manufacturing of the latest technological gadgets right from DVDs to cellphone batteries, from motors and super-conductors to high-end microprocessors. Due to its industrial usage, the metal will always remain in high demand. Since the stocks or mines of this metal worldwide are comparatively less, the metal is rare to find.  And so, the metal’s prices will always go higher and higher. Continue reading

Prices on Silver Rise per Ounce!

Weak global economy has had negative effects on markets of almost every commodity. But, the market of silver, a commodity considered as one of the precious metals, is flourishing like never before!

Investors are looking at silver investments as safe haven. The global investment community is now relying more on silver investments than on any other type of investments. And so, the prices on silver have been raising high in the sky! Continue reading

Additional Efforts By China To Build A Future In Commodity Market

Though 2011 showed comparatively low future for silver and gold, the new year has optimistic future and options for Chinese investors.

China, the biggest consumer of diverse commodities, has triggered its efforts to strengthen its pricing power which will eventually shake commodity prices in the international market and change the trends. Continue reading