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

Silver is new gold, but investors watch out

Posted on 02 May 2011

The biggest surprise in the commodity market this year is the continuous rally in silver prices. A rally that defies all logic and rationale. Silver was trading at about Rs 29,000 per kg in July 2010. It crossed Rs 75,000 this month giving a return of 159 per cent.
Gold, on the other hand, gave a return of about 18 per cent in the same period. In 2010, silver went up by 84 per cent while last one month saw 25 per cent appreciation in its prices……………………………………….Full Article: Source


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