Silver Prices Jump 4.8% in Week, Up 61.3% in 2010

U.S. silver prices rebounded from losses last week to close above $27 an ounce, capping a weekly gain of 4.8 percent and notching a 2010 gain of 61.3 percent. Silver prices for December delivery rose 34.5 cents, or 1.3 percent, to settle at $27.179 an ounce on the Comex in New York. For the week, […]

Silver Prices Drop, Ending Two-Week Winning Streak

U.S. silver prices tumbled on Friday, erasing prior day gains and cementing a weekly loss. Silver was on a roll this week until the Chicago Mercantile Exchange (CME) announced an increase in silver margins from $5,000 to $6,000. The news triggered an after-hours selloff on Tuesday which continued into Wednesday and sank prices by $2.04, […]

Silver Prices Near $27, Surge 8.9% in Week and 58.8% in 2010

U.S. silver prices surged 8.9 percent this week and settled at a fresh 30-year high for a second straight Friday. The metal kicked into high gear Thursday, one day after the Federal Reserve announced new quantitative easing measures in an attempt to kick-start the American economy. Investors are betting that those measures will weaken the […]

Silver Hits New 30-Year High, Prices Surge 12.6% in October

U.S. silver prices hit a fresh 30-year high on Friday, capping a weekly increase of 6.3 percent and an October rally of 12.6 percent. Precious metals moved as group this week, supported by expectations that the Federal Reserve will attempt to stimulate the economy with another round of quantitative easing. Bull camps opined that further […]

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 […]

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