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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Hi ho silver

Posted on 09 March 2011

From Economist.com: Silver reached its highest price since 1980 yesterday at $36.70 a troy ounce while gold managed a new (nominal) record of $1444.40. But the junior of the precious metals has been on a tear over the past year, easily outpacing gold.
Remarkably silver has even in backwardation - spot prices have been higher than future prices. Traditionally the precious metals have showed the opposite pattern, with futures prices higher than spot……………………………………….Full Article: Source


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VRS - who has written 37241 posts on Opalesque Commodities Briefing.


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