Silver Prices for Week Plunge 5.8% in London, 5.2% in New York

Major precious metals prices fell this week as a strengthened U.S. dollar pressured gold and silver lower. Silver followed a decisive negative path since Monday after peaking the final Friday in June. New York silver futures for July and the week plummeted 5.2%. The metal ended at $13.393 an ounce, falling 73.5 cents. All U.S. […]

Weekly Silver Prices Rise 0.2% in London, Drop 0.5% in New York

Precious metals were mixed this week as large price retreats on Monday were quietly chipped into on succeeding days, ending with solid boosts Friday. In terms of weekly silver numbers, the metal managed to break a three-week loosing streak in London while falling slightly in New York. New York silver futures for July gained 12.3 […]

Weekly Silver Prices Fall 4.5% in New York, 5.6% in London

Silver struggled as prices plummeted early in the week and never recovered. The drop marked a third straight week of declines which follow silver’s massive May surge. New York silver futures for July delivery slid Friday to $14.20 an ounce — a free fall of 67.5 cents, or 4.5 percent on the week. London silver […]

Weekly Silver Prices Tumble 3.3% in New York, 3.7% in London

Silver prices turned lower to mark a second weekly negative trend following the metal’s monstrous May surge. New York silver futures for July delivery plunged to close Friday at $14.875 an ounce, tumbling 51.3 cents or 3.3 percent on the week. Silver’s picture in London was similar. London spot silver closed Friday at $15.07 an […]

Weekly Silver Prices Fall 1.4% in N.Y., Rise 0.8% in London

Silver prices turned down during the first week in June following silver’s surge in May where the metal gained 27 percent in N.Y. and 23 percent in London. The earlier Friday closing London markets had silver slightly up for the week while the later closing New York markets pushed silver down hard enough to register […]

Silver Prices in May Jump 26.6% in N.Y., 22.9% in London

Silver had a monster month in May, recording the best month since 1987. According to most reports, prices soared as a result of inflation fears, weakness in the U.S. dollar and higher demand expectations with hopes of an economy recovery. New York silver futures for July delivery ended Friday at $15.61 an ounce, soaring 91.5 […]

Silver Prices Soar 5.3% in London, 4.9% in N.Y.

Precious metal prices were higher this week, with silver surging forward following only modest gains from the week prior. New York silver for July delivery ended Friday at $14.695 an ounce, jumping 68.5 cents, or 4.9 percent this week. The metal gained 0.4 percent the week prior. London spot silver closed Friday at $14.66 an […]

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