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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Silver prices will follow Gold in 2009

Posted on 05 January 2009

From Commodityonline.com: Where are silver prices headed? Will silver prices follow gold in these days of economic meltdown? Yes, silver prices are all set to follow gold prices mainly due to investment demand and ratio play, says a 2009 silver forecast report from Mumbai-based Commtrendz Risk Management Services.

According to the report, unlike gold, silver also serves as an industrial metal and hence gets consumed unlike gold. The recent slowdown in global economy has seen silver prices being battered more unlike gold……Full Article: Source


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