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Silver Market Updates

Silver Market Morning

New York closed at $1,367.10 down $16.70 on Tuesday. Asia held the price there ahead of London’s opening. In London it was Fixed at $1,366.00 down $12.50 and in the euro at €1,019.86 down €10.50 while the euro was slightly stronger against the dollar at €1: $1.3394. Ahead of New York’s opening gold stood at $1,368.00 and in the euro at €1,021.51.

Silver: Will it drop to $10/ounce?

A drop of the silver price to $ 10/ounce is highly unlikely in view of the sharply rising National Debt in the USA but also in Europe. To quote John Hathaway, manager of one of the most respected gold funds, a sharp rise of the gold and silver price is more likely: “With gold and silver under continued attack from the mainstream media, John Hathaway warned King World News that we are at the point where global investors will be shocked as gold is quickly re-priced a jaw-dropping $1,000 (about $…

Silver Price to Rise as Top Miner's High Grade Production Evaporates

One of the most insidious problems taking place in the gold and silver mining industry is the decline in falling yields. Not many realize, when yields decline, production evaporates and disappears. To offset the decline in metal yields, the mining companies have to add new mines and or increase the amount of processed ore.

Silver Market Morning

New York closed at $1,383.70 on Monday. Asia took the price to $1,378.45 ahead of London’s opening. In London it was Fixed at $1,378.50 down $7.50 and in the euro at €1,030.346 down €5.20 while the euro was slightly stronger against the dollar at €1: $1.3379. Ahead of New York’s opening gold stood at $1,378.40 and in the euro at €1,030.50.

Silver Market Morning

New York closed at $1,386.00 on Friday. Asia held the price at that level as did London, where it was Fixed at $1,386.00 and at up $6.25 and in the euro at €1,035.537 down €3.50 while the euro was slightly stronger against the dollar at €1: $1.3345. Ahead of New York’s opening gold stood at $1,381.00 and in the euro at €1,035.58.

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Silver Market Morning

New York closed at $1,388.70 up $10.0 on Wednesday. China opens today. London opened at the same level as New York’s close. It then Fixed at $1,386.25 up $9.00 and in the euro at €1,039.713 up €2.5 while the euro was slightly stronger against the dollar at €1: $1.3333. Ahead of New York’s opening gold stood at $1,386.35 and in the euro at €1,041.04.

Silver Market Morning

New York closed at $1,378.70 down $7.0 on Tuesday. China remains closed until tomorrow. London opened at the same level as New York’s close. It then Fixed at $1,377.25 up $7.75 and in the euro at €1,036.774 up €5.6 while the euro was slightly stronger against the dollar at €1: $1.3284. Ahead of New York’s opening gold stood at $1,377.00 and in the euro at €1,036.47.

Silver Market Morning

New York closed at $1,385.40 up $7 on Monday. China remains closed until Thursday. London opened weaker slipping back to $1,369.30 ahead of the Fix. It then Fixed at $1,369.50 down $7.25 and in the euro at €1,031.095 down €10.792 while the euro was stronger against the dollar at €1: $1.3282. Ahead of New York’s opening gold stood at $1,374.15 and in the euro at €1,034.36.

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