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

Silver is expected to average $38 in Q4, 2011 and rise to $42 by 2012 Q4

Posted on 25 October 2011

Silver prices may rebound from its current bear market which has caused a decline of almost 40%. Silver fell from its May high of near $50 and is currently trading around $30.

Silver prices are expected to gain on the worsening European debt crisis and disappointing growth in developed economies. The Chinese factor will prove crucial as the country is expanding at 5 times US growth and has been a top consumer of silver………………………………………Full Article: Source


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


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