Monthly Archives: December 2011

Silver: Industrial use, investment demand to push prices higher Silver rallied to $48.70 an ounce in April, and after giving back 40 percent of its value by September, has started to recover. Silver has grown as an investment vehicle in the last decade and has a number of things going …

Most miners see $2,000 gold next year ajority among gold miners see the precious metal to hit $2000 at some where next year,according to a PricewaterhouseCoopers survey. The survey said miners are raising dividends and looking for takeover deals with expectations the price of gold will head even higher next …

Gold Price Climbs Higher Gold price has been playing on both the dollar value and the European debt crisis. But the focus lately is mostly on what’s going on in the Euro zone. On Wednesday, ahead of another European summit aimed at resolving its debt crisis, gold price climbed higher …

Comex Precious Metals Review ‏12/16/2011 In the precious metals markets this week . . . GOLD: Comex spot gold prices opened the week at $1,675 . . . traded as high as $1,677 on Tuesday and as low as $1,560 on Thursday . . . and the Monex AM settlement …

Gold May Tumble to $1,400 on 200-Day Average Gold prices, down 17 percent from a record in September, may tumble an additional 13 percent, according to technical analysis by Stifel Nicolaus & Co. Gold may drop to $1,400 an ounce “in a hurry” if it closes below its 200-day moving …

Massacre on Gold Prices Continues Gold prices were struggling to recover Thursday after a brutal selloff pushed gold through pivotal technical levels. Gold for February delivery dropped $9.70 to settle at $1,577.20 an ounce at the Comex division of the New York Mercantile Exchange but was continuing lower in after …

Gold and silver prices have remained in red Gold and silver prices have remained in red in mid-day trading. Gold prices dropped to a seven-week low today, extending their losses from Monday. Gold prices are set to post their biggest two-day decline in a month after weaker than expected retail …

SILVER is the new gold SILVER is the new gold according to family-owned pawnbroking chain Ramsdens which is seeing growing numbers of customers calling in to sell unwanted silver goods. Over the past decade the increase in silver prices has outstripped even that ofgold. This year the average price of …