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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Price of Silver in 2016: Could It Bounce Higher?

Posted on 27 January 2016

Silver lost ground in 2015, continuing a three-year losing streak that cut another 12% off the price of the metal to around $14.45 per ounce. The question going forward is whether silver can finally manage to bounce back in 2016, or whether the ongoing slide in commodities will keep its grip on the silver market.
The bullish argument for silver going forward hinges on the metal’s unusual combination of characteristics. On one hand, silver trades somewhat in line with gold and the rest of the precious metals complex, despite its obviously cheaper price compared to its peers………………………………………..Full Article: Source


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