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

Silver price outlook uncertain - Thomson Reuters GFMS

Posted on 15 November 2013

Silver prices should be underpinned by improving industrial demand in 2014, but they will tumble on gold’s coattails if the U.S. Federal Reserve begins tapering its stimulus, a top analyst at metals consultant Thomson Reuters GFMS said on Tuesday.
Strong investment demand in silver coins and exchange-traded funds, and Indian consumers’ substitution to silver from gold should provide support, said Andrew Leyland, manager of precious metal demand at Thomson Reuters GFMS………………………………………..Full Article: Source&sn=Detail


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