Silver Prices Surge, Narrowing Weekly Loss

U.S. silver prices surged on Thursday and Friday, paring sharp prior day declines to significantly narrow the metal’s weekly loss. New York silver futures for July delivery marked an intraday high of $19.46 an ounce to start the week, but plummeted Monday afternoon to close at $18.808 an ounce. Prices picked up by nearly a […]

Silver Prices Soar for Second Straight Week

Silver prices surged for a second consecutive week, capping a 10.9% gain in New York and a more modest 5.7% increase in London since June 4. In weekly increases, the metal was just below the rallying levels of last week. U.S. silver jumped 5.2% as compared to the 5.4% increase during the prior week. New […]

Silver Weekly Prices Advance 5.4% in US, 3.1% London

Silver prices rallied during the second week of June to recover most of their losses made during the month’s first week. It was the biggest gainer of the precious metals. U.S. silver surged 5.4% this week as compared to the 6.1% decline during the prior week. New York silver futures for July delivery ended at […]

Silver Falls in First June Week, Handing Back Gains

Silver prices plummeted during the holiday shortened first week of June, giving back gains it made in a rallying final week of May. [May, as it turned out, was a record month for physical ownership of U.S. Mint American Silver Eagle bullion coins. More than 3.6 million were sold. For more, read Silver Eagles Best […]

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 […]

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