Silver may end the year 2017 around $19 an ounceFri, 21 Jul 2017 00:00:00 GMT
ETF Securities is forecasting silver prices to end the year around $19 an ounce, which would represent a 17% gain from current prices. Gold said that one of the reasons why his firm is optimistic on silver is because investor interest, particularly in silver-backed exchange traded products, is growing as prices push off its recent lows.
Silver may rise to above $20 an ounce within 12 monthsWed, 19 Jul 2017 00:00:00 GMT
This years volatile silver market could see a positive price rally within the next 12 months, surging 25% from the current value, Metals Focus analyst George Coles told Bloomberg.
Credit Suisse cuts Gold, Silver price forecast for the rest of ...Wed, 19 Jul 2017 00:00:00 GMT
Credit Suisse has trimmed its gold forecast for the remainder of 2017 but still maintains a bullish outlook, looking for prices to advance from current levels. Credit Suisse also trimmed its silver forecast due to the metals correlation with gold, but likewise looks for this metal to rise.
Look for Silver gains on shortFri, 14 Jul 2017 00:00:00 GMT
Gross short silver positioning by speculative investors reached an all-time high of 411 million ounces last week, and in the last four weeks gross shorts, increased by 166 million, or 68%, Mitsubishi pointed out.
ICE Benchmark Administration to Become Administratorforthe LBMA ...Fri, 14 Jul 2017 00:00:00 GMT
LONDON -- July 14, 2017 -- Intercontinental Exchange (NYSE:ICE) and the London Bullion Market Association (LBMA), today announced that ICE Benchmark Administration (IBA) has been chosen as the new administrator for the LBMA Silver Price. IBA expects to assume responsibility for the LBMA Silver Price in Autumn 2017.
Gold and Silver Sentiment Sour A Turnaround is Imminent - Commodity ...Fri, 14 Jul 2017 00:00:00 GMT
So here we are once again, at the tail end of a grindingly-protracted gold and silver market correction that has led a lot of people to give up altogether and exit their longs in the futures markets or even sell their mining stocks. Speculators have ... ...
Silver Price Slam-down Suggests Something Big is About to HappenTue, 11 Jul 2017 04:19:07 GMT
With the current low gold and copper price, not a lot of new mines will be developed which will put pressure on the supply side of the equation. Fortunately 35% of the mine supply came from lead-zinc mines, and as these two commodities are performing well ...
Mining Sector Shares Fresnillo, Kaz Minerals and AAL - Live ...Tue, 11 Jul 2017 00:00:00 GMT
A lot depends on precious and base metal prices. Gold and silver prices have been in steady decline over the last few months, which in turn reflects directly into values of those mining stocks who rely on higher prices. Conversely, Copper has been ... ...
Silver Wheaton Pays Glencore $900 Million For Silver At 20% Of ...Fri, 07 Jul 2017 00:00:00 GMT
As Global GDP falls, the world will need less base metals. This will put severe stress on the base metal mining industry, including those silver stream agreements. While these agreements have protective clauses if the company shuts down production or ...and more ...
3 Silver Stocks to Buy if Silver Falls Below $15 - Madison.comFri, 07 Jul 2017 00:00:00 GMT
The vast majority of silver mining companies have reduced their capital expenditures to rein in costs, and the projects they have focused on will yield to only high ore-grade precious-metal mines. In many cases, silver stocks are now profitable despite ...and more ...
LME, World Gold Council to launch LMEprecious on July 10Thu, 06 Jul 2017 00:00:00 GMT
LMEprecious introduces exchange-traded and centrally cleared precious metals products to the London market. It will comprise spot, daily and monthly futures for gold and silver. The contracts were designed to support ongoing regulatory change, enabling greater market transparency and access, as well as providing additional robustness to the preciou
Mountain Boy Minerals: Drilling on Montrose Zone Intersects Visible ...Wed, 05 Jul 2017 00:00:00 GMT
It owns 20% of the Silver Coin project, a gold-silver-base metals project that has a 43-101 compliant resource calculated. The Company is also exploring silver-base metals on its American Creek and Bear Valley properties as well as copper-gold on their...and more ...
Number of news reports: 12