The demand for U.S. bullion coins has reportedly been weak this year. And, the monitoring of sales has been analogous to a three-legged race at a picnic, where anybody could finish.
The spot price of the precious metals, gold, and silver, has been reportedly impacting the collectable prices, but not the scarce coins over the years.
Donald Trump’s victory was an unexpected situation in the United States and the entire world. As he progressed towards victory and when he 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
From January this year, silver prices rose with a steep curve and were expected to continue to do so for a long time or keep rising. But post-July 2016, the prices of white metal have experienced tremendous volatility. Continue reading
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
The precious metal prices were bottomed in 2015, but this year there is a huge surge in silver prices, and the speculations are that the prices will continue to rise by another 25% or more by the year 2018. Continue reading
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
The London Metal Exchange, along with World Gold Council, is starting a new endeavour called LMEprecious. Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe General are co-owners in this joint venture. Continue reading
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.
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