| The price of an ounce of Silver Bullion will exceed $50 by the end of next year, a leading precious metals consultancy has forecast. "We expect to see silver's bull run continue," says the Interim Silver Market Review from Thomson Reuters GFMS – whose base case is for Silver Prices to average over $45 per ounce during 2012.
Silver investment is predicted to be a key driver of higher prices. GFMS forecasts that silver investment – which includes Silver Bullion coins and medals – will reach 8600 tonnes (278 million ounces) for 2011.............................................Full Article: Source
|