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

Why The Price Of Silver Should Rise In August

Posted on 08 August 2014

August has in recent history been a strong month for silver prices, though coming off a weak July and held back by speculator activity, it is having a slow start to the month. But silver prices are rising today. New York spot silver, which trades continuously from 6 p.m. Sunday to 5:15 p.m. EDT Friday, pushed up over $20 an ounce at around 9:30 a.m. EDT after slipping below that point yesterday. Tuesday marked the first time that silver was trading below $20 since mid-June.
Silver futures contracts for September delivery opened down 2.8% on the week at $19.79, but pushed back up above $20 and hovered around that level in the afternoon………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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