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 […]

Silver Prices Rise 0.1% in London, 0.4% in N.Y.

Silver managed modest gains for the week, rising less than a percent in both New York and London — well off the respective 11.6 percent and 14.4 percent increases from the prior week. London spot silver closed Friday at $13.92 an ounce, rising 2 cents or, 0.1 percent this week. However, silver is 29 percent […]

Silver Surges 14.4% in London, 11.6% in N.Y.

Silver and other precious metals soared in spectacular fashion this week, marking impressive gains in both London and New York. London spot silver closed Friday at $13.90 an ounce, jumping $1.75, or 14.4 percent this week. The metal is now up $3.11, or 28.8 percent for the year (over the $10.79 close on Dec. 31.

Silver Ends Week and Month Lower, Higher on Year

Silver declined this week after the metal had just broken away from a four-week losing streak following last Friday’s close. London spot silver closed Friday at $12.15 an ounce, falling 4.9 percent for the week and ending 3.7 percent lower in April. For the year, however, London silver is up 12.6 percent.

Silver Soars 9.6% in N.Y., 6.7% in London

Silver snapped a four-week losing streak as the metal soared 6.7 percent in London and 9.6 percent New York. London spot silver ended the week at $12.78 an ounce, reaching a level not seen since a $12.935 high on April 15. The metal jumped 80 cents over last Friday’s fix of $11.98.

Silver Ends Below $12, Down 13.6% in Four Weeks

Silver and gold prices declined as platinum gained, marking the fourth straight week of the same cycle. Of all precious metals, silver fell the hardest. London spot silver on Friday ended at $11.98 an ounce. The metal has dropped 32 cents, or 2.6 percent, from the prior week’s close of $12.30. Silver has declined 13.6 […]

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