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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

What’s been driving the silver price?

Posted on 10 March 2011

From Mineweb.co.za: The Silver Price is hitting new recent highs over $36.50 today in a more vigorous performance than even gold. Many in the developed world precious metal markets are amazed at the performance of silver and see this continuing, whereas others feel it is running away with itself.
The “backwardation” in silver [when ‘spot' - or immediate delivery prices are higher than for future delivery] has stressed just how much immediate demand there is for silver and clearly a physical shortage of the metal has arisen……………………………………….Full Article: Source


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VRS - who has written 36706 posts on Opalesque Commodities Briefing.


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