Tag Archives: silver market

Donald Trump Presidency and Silver Prices

Donald Trump’s victory was an unexpected situation not only in the United States but to the entire world. As he progressed towards victory and when was declared President-Elect a shock wave came across the globe and to the global financial system, as just a day ago all the media reports and pre-polls had predicted the win for Democratic nominee Hillary Clinton. Continue reading

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

Record Physical Silver Deficit Expected Globally In the Year 2016

silver coins

Credit: PD Photo

With the rising demand of the precious metal silver in the industry and the fall in the silver mining will lead to approximately 1,005 metric tons (mt) deficit in the year 2016, which was 793 mt in the year 2015. Continue reading

China Looks to Become a Major Player in Silver Trading

Credit: Alchemist-hp / CC-BY-SA 3.0

China and silver have enjoyed a strong bond right from the times when it still issued a silver related currency in the early twentieth century. The entry of China in the global silver market is likely to end COMEX manipulation as well as reduce the volatility of the precious metal to a certain extent.

Analyzing the latest trends in silver prices, silver needs to discard the volatility tag that gives it such a bad image. Also known as ‘devil’s metal’ by some traders, China’s entrance may further reinstate the belief of traders in silver as an undependable asset. But sooner or later, silver is bound to find stability.

Chinese retail investors are attracted to silver investment for its lower price than gold and because the Asian country is one of the largest silver miners as well as the biggest consumers of industrial silver. At present, silver bullion and jewellery has drawn the interest of many investors who have been doubling their investment with passing days. China is also a major importer of silver for industrial and fabrication purpose, mainly in electronic and solar products.