Silver Prices Tumble, Breaking 5-Week Winning Streak

U.S. silver prices tumbled this week, breaking a streak of five weekly gains. Precious metals moved mostly as a group in the last several days, following gold which sank as the U.S. dollar showed strength against other world currencies. Profit-taking was also a motivating factor for losses, opined many an analyst. On Friday, New York […]

Silver Prices Rally for Fifth Straight Week

U.S. silver prices have registered gains for five straight weeks. The metal not only continues to rise, but it has also outperformed gold and platinum by huge margins. On Friday, silver futures for December delivery retreated for the second time this week, dipping 14.7 cents, or 0.6 percent, to settle at $24.288 an ounce on […]

Silver Prices Jump Over $23, Fourth Weekly Gain

U.S. silver prices moved in the same direction as gold, only faster. Price soared to above $23 an ounce, closing to a new 30-year high and marking four straight weekly gains. Gold rose 2.1 percent this week, advancing on the weakness of the U.S. dollar as expectations increased that the Federal Reserve would ease its […]

Silver Prices Top $22, Third Week of 30-Year Highs

U.S. silver prices soared 23.9 cents to close above $22 an ounce on Friday, capping three straight weekly gains and continuing a run of fresh 30-year highs. Prices finished lower only once this week as profit-taking emerged on Thursday, the final day in September and of the third quarter. Still, prices soared 12.3 percent for […]

Silver Closes Week at Highest Price, Tops $21

U.S. silver prices surged for a second straight week, jumping ahead 58.3 cents from last Friday and topping $21 an ounce for a fresh 30-year high. Aside from a dip on Tuesday, daily closing prices increased through to Friday. Silver for December delivery ended at $21.399 an ounce on the Comex in New York, marking […]

Silver Prices Soar to 30-Year High

Silver soared this week and closed at its best price in three decades. U.S. silver prices climbed with each succeeding day this week, with the highest intraday level coming in at above $21 an ounce on Friday. Prices reached an intraday low of below $20 an ounce just once, and that was on Monday. On […]

Silver Has First Weekly Decline in Three Weeks

U.S. Silver prices edged lower this week, breaking a string of two weekly gains and falling from a more than two year high above $20 an ounce. The metal started the week with near 50 cent daily swings, although closing prices were narrowed. Silver peaked on Wednesday when it touched $20.180 — the highest level […]

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