Skip to main content

Silver rallies, but set for hefty drop on quarter

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.”

About the author

Average: 4 (1 vote)

Newsletter Signup

Join the Free Weekly Silver Review!
SilverSeek.com week in review delivered direct to your inbox!