02.01.2015 - Silver prices in 2015 to be driven by investor sentiments
Silver prices tend to move in tandem with gold’s prices. However, the price movements of Gold and Silver in 2014 proved that the correlation between them does not hold any more. Silver has clearly underperformed Gold in recent times. During 2014 alone, Silver plunged by nearly 12% as against gold’s 1% drop. Also, Silver is down nearly 67% from its peak reached in 2011. On the other hand, gold has dropped only by 37% from its highs touched during the same year. Industry participants expect major rebound in silver prices in 2015. According to them, two key factors are likely to drive Silver prices higher...............................................Full Article: Source
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