• Gold: 1,563.11 4.25
  • Silver: 17.81 -0.03
  • Euro: 1.105 -0.004
  • USDX: 97.678 0.178
  • Oil: 55.59 -0.61

Silver’s 2011 Annual Average Price Posts All-Time...

Strong demand from investors in 2011 helped push silver prices to a record price accompanied by steep price volatility. Despite these higher prices, fabrication demand posted its second highest level since 2000, while retail silver investment demand for both physical bullion bars and coins & medals surged to record levels, according to the World Silver Survey 2012, released on April 19 by the Silver Institute.

CME Raises Margins for Non-Hedged Accounts to...

CME Group Inc. (CME), the world’s largest futures exchange, is raising futures margins for non-hedged positions to comply with new regulations.

Canada’s Dr. Doom Likes Silver

Money manager Eric Sprott has gained a reputation as an implacable bear, Canada’s version of Nouriel Roubini (aka Dr. Doom). In fact, that has not always been the case. Back in the 1980s, Sprott was bullish on the stock market. But that’s ancient history. Since 1999, he has been Canada’s highest-profile doomsayer. To hear him tell it, the markets are in long-term decline and everything is going to hell.

Silver Prices: New Chinese Futures Trading...

We already told you that silver prices would rally this year, and developments last week could make the surge approach even faster. The white metal was trending down last week until dovish remarks from Team Bernanke following the Federal Open Market Committee meeting on April 25 reversed the price slide. Spot silver prices on the Comex ended the week at $31.27.

Futures exchange to offer contracts for silver

The Shanghai Futures Exchange received regulatory approval on Wednesday to start trading in silver contracts, giving Chinese investors a new way to bet on the precious metal.

Federal Reserve Press Release On Economic...

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached table and charts summarizing the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the April 24-25 meeting of the Committee.

Fed sticks to late 2014 rate hike time frame

Economic conditions "are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014," the central bank said in its policy statement.

Silver ETP Holdings Slump by Most in More Than...

Silver holdings in exchange-traded products slumped by $626.9 million as prices traded near a three-month low and exchange stockpiles climbed, underscoring concern a global economic slowdown may curb demand.