| Silver has had a terrible year in 2013, but a new survey by PwC says silver miners are optimistic for 2014. Silver started the year trading at around US$32/oz but had fallen to around US$18/oz by mid-year. "That's a reversal from 2012 when silver was the best performing metal, ranging in price between US$26/oz and US$37/oz," PwC said in a gold, silver, copper report.
"Oversupply is partially to blame for the drop in silver prices in 2013," said PwC. "Its correlation with gold as a store of value for some investors also contributed to its price depreciation in recent months."..............................................Full Article: Source
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