18.11.2011 - $50 silver bullion predicted for 2012
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
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