18.06.2015 - Silver price to remain muted in 2015
Silver prices will most likely remain bound to the upper $15s per troy ounce in the coming months, but will climb to the upper $16s in the autumn, Philip Newman of UK research company Metals Focus said as reported by Platts. Silver futures for July delivery had dipped 0.03 percent to $15.960 per troy ounce as of 09:27 BST today. The contract has declined almost 10 percent on a monthly basis. "In Q4, we expect silver to rise,” Newman said at the International Precious Metals Institute meeting in San Antonio on Sunday. "One of the reasons is that seasonally, this is a strong time for gold in India and China, and that should help silver as well."..............................................Full Article: Source
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