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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs more

Time to buy silver ETFs?

Posted on 07 March 2013

Silver has been quite volatile over the past couple of years. The price of the white metal has been declining moderately as of late despite the monetary easing measures of the Federal Reserve to stir up growth in the economy.
Currently, silver bullion is trading in the range of $27–$31 per ounce. It is expected to go up to $33 per ounce this year and again revert to $31 per ounce in the next, according to HSBC. This means that investors could get a decent return of 6%–9%, if they buy and hold the metal for one year, and possibly more if global trends continue………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


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