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Silver to average $35/Oz in Q1 2013; Gold $1850/Oz

Posted on 28 November 2012

Silver prices are expected to average $35 an ounce in the first quarter of the next year while gold prices could be at $1850 per troy ounce, said Barclays Capital in a research note.
According to the British bank, silver is the strongest-performing precious metal so far this year but true to form has traded the widest range across the four precious metals. This volatility continues to reflect the lack of support provided by the metal’s fundamentals while sizeable growth in investment demand maintains the necessary scope to plug the gap and drive prices higher………………………………………..Full Article: Source

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