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Silver may trend higher in Q4; gain in 2013: BNP Paribas

Posted on 29 October 2012

Investment demand should support silver, as the metal benefits from higher gold prices, and may benefit the most from loose monetary policy and a rebound in risk appetite, according to BNP Paribas.
However, silver could be vulnerable to a sharp correction once the gold rally ends. The poor consumer demand is hurting the industrial use of silver, while high prices and poor demand have dented jewelry demand, said Anne-Laure Tremblay, precious-metals strategist with BNP Paribas………………………………………..Full Article: Source


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