Fri, Aug 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Silver price to hit $50 plus next year - Klapwijk

Posted on 18 November 2011

Thomson Reuters GFMS’s Philip Klapwijk Wednesday forecast an average silver price of $35.66 per ounce this year, a short-term forecast of $35-$40 through year-end, as well as a price above $50/oz by the end of 2012.

In a speech before the Silver Institute in New York City Wednesday night, Klapwijk said conditions next year are likely to remain supportive of additional growth in silver investment, underpinning silver price gains. However, as mine production of silver continues to grow, it could be a negative development for the silver price outlook……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36243 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31