30.08.2016 - Price of Silver Soars 45% in H1 2016
Silver’s price performance soared in the first half of 2016, fueled by increased investor interest in silver as a safe haven asset and as leveraged exposure to gold’s price rally. Between January 4 to July 11, the price of silver increased 44.7%, according to a report by the Silver Institute. Exchange traded product holdings rose by 44.3 million ounces (Moz), or 7.2%, to a record high of 662.2 Moz. Silver coin sales increased in the first quarter of 2016 by 29% globally, according to the GFMS Thomson Reuters Quarterly Coin Sales Survey...............................................Full Article: Source
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