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Thomson Reuters GFMS: Silver Price to Average $16.50 in 2015

Posted on 08 May 2015

May 5 brought the release of the World Silver Survey 2015, an extensive report completed annually by Thomson Reuters GFMS on behalf of the Silver Institute. The document outlines key silver price, supply and demand trends for 2014 and includes some information into what may be in store for 2015.
To get a little more insight on those topics, Resource Investing News spoke with Andrew Leyland of Thomson Reuters GFMS. Here’s what he had to say. Silver mine supply came to a record 877.5 million ounces in 2014, with total market supply (also including scrap and net hedging supply) reaching 1,061.8 million ounces, the highest level since 2010………………………………………..Full Article: Source


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