Silver Prices Retreat in May 2010 Despite Rallying Final Week

Silver prices soared this week, but nevertheless declined during the month of May after a 6.4% increase in April. On Friday, New York silver futures for July delivery fell 4.6 cents, or 0.3, to $18.422 an ounce, capping a 1.2% loss in May. For the week, however, the metal soared 77.1 cents, or 4.4%.

Silver Prices Plunge in 3rd Week of May

Silver prices were brutalized during the third week of May, tumbling with other precious metals with stiff selling the order of the day for much of the week. Silver’s fall was less severe as compared to other industrial used metals, like platinum and palladium. But its drop was deep nevertheless. London and New York prices […]

Silver Prices Soar 11% in London, 4.2% in New York

Silver prices rallied this week, pulling away from the declines of the prior week. The metal soared 11% in London and 4.2% in New York. Silver began its rally in the U.S. on Friday of last week, with analysts saying some investors were buying the metal as an alternative to gold which was too expensive […]

Silver Pares Losses in First Week of May

Silver prices tumbled for much of the week before recovering Friday to pare losses. Metals were led up and down over concerns of the Greek debt woes, with added worries that the crisis could spread to other euro-zone countries. The fears helped safe-haven investments, like gold, but brought down industrial metals that would suffer weakened […]

Silver Prices Soar in April 2010

Silver prices soared during the month of April, rising 6.4% in both London and New York. The metal rallied late in the week after retreating earlier despite soaring gold prices. Silver typically follows gold. However, while gold was lifted as a safe-haven investment over concerns of widening sovereign debt issues in Europe, those same issues […]

Silver Reverses Losses, Rises 2.9% in New York

Silver prices in New York reversed prior week losses and rose 2.9% for the week. Earlier setting London silver, however, finished down 2.5%. Driving U.S. gold higher was a weakened dollar that ended a six day rally versus the euro. Silver often follows gold.

Silver Prices Fall Below $18/oz, Plunging with Other Commodities

Silver prices skidded to a halt, breaking a two-week winning streak in New York. U.S. silver futures tumbled along with other commodities on Friday as Goldman Sachs Group Inc. was charged with fraud by U.S. regulators. New York silver futures for May delivery were set to end with a positive week, and then plunged 75.8 […]

« Previous Page — Next Page »