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

Silver ‘looking horrible?’ prices up in China, Japan

Posted on 05 September 2013

Silver prices were mixed on MetalMiner’s daily index, as retail investors (e.g. buyers of US Mint silver coins) boost silver’s excitement. But other indicators seem to say, “Not so fast.” “Though the world may be witnessing recovery in growth, some silver-specific sectors – most notably the solar panel industry – are struggling,” according to the Financial Times.
“And bankers say that Chinese interest in silver, either from investors or industrial users, remains unremarkable: the country’s net imports have fallen and Chinese silver premiums, a closely followed indicator of the strength of demand in the country, have remained weak………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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