• Gold: 1,463.71 -9.34
  • Silver: 17.08 -0.08
  • Euro: 1.106 -0.001
  • USDX: 97.996 0.125
  • Oil: 58.51 1.47

Silver rallies, but set for hefty drop on quarter

Friday, June 29th

Silver futures led the rally among major metals Friday, but it was still poised for a loss of around 16% for the quarter.

“Silver is always more volatile vs. gold,” said James Carrillo, senior portfolio adviser for precious-metals investment firm Swiss America Trading Corp. “It is very oversold at this time and metals tend to bottom this time of year.”

Your rating: None Average: 3 (6 votes)

Article Comments

Sponsored Links

Live SilverSeek Map