Silver Rises for Week, US Bullion Coins Near 2.3M for Month

U.S. silver slipped 1.9 cents on Friday, but three straight prior day gains lifted the metal higher for the week after prices had tumbled 57.4 cents last Friday and then another 24.5 cents on Monday. New York silver prices for September delivery closed to $18.101 an ounce, marking a weekly increase of 31.3 cents, or [...]

Silver Weekly Prices Fall with Friday Thumping

U.S. silver prices were headed for a positive week until tumbling 57.4 cents Friday, tracking other precious metals, commodities and equities losses after sour consumer sentiment data and a flat inflation report unleashed broad selloffs. New York silver futures moved within a 80.5 cent range during the week, with its intraday high of $18.535 reached [...]

Silver Prices Rise 2% for the Week, Eagle Coins Up 1.1M

U.S. weekly silver prices advanced 2.0% after tumbling 7.4% during the prior week and registering their biggest fall since February 5. New York silver futures moved narrowly through the holiday-shortened week. 0.8% increases were posted on Tuesday and Wednesday, followed by a loss of 0.7% on Thursday. Silver for September delivery closed to its highest [...]

Silver Pummeled as U.S. Weekly Prices Dive 7.4%

U.S. silver prices tumbled 7.4% on the week, falling the most since the 8.4% drop during the week ending February 5, 2010. Much of the metal’s decline — 91.8 cents worth — occurred on Thursday as a volley of reports added to worries of an economic slowdown in the U.S. and China, triggering a large [...]

Silver Prices Surge, Narrowing Weekly Loss

U.S. silver prices surged on Thursday and Friday, paring sharp prior day declines to significantly narrow the metal’s weekly loss. New York silver futures for July delivery marked an intraday high of $19.46 an ounce to start the week, but plummeted Monday afternoon to close at $18.808 an ounce. Prices picked up by nearly a [...]

Silver Prices Soar for Second Straight Week

Silver prices surged for a second consecutive week, capping a 10.9% gain in New York and a more modest 5.7% increase in London since June 4. In weekly increases, the metal was just below the rallying levels of last week. U.S. silver jumped 5.2% as compared to the 5.4% increase during the prior week. New [...]

Silver Weekly Prices Advance 5.4% in US, 3.1% London

Silver prices rallied during the second week of June to recover most of their losses made during the month’s first week. It was the biggest gainer of the precious metals. U.S. silver surged 5.4% this week as compared to the 6.1% decline during the prior week. New York silver futures for July delivery ended at [...]

Silver Falls in First June Week, Handing Back Gains

Silver prices plummeted during the holiday shortened first week of June, giving back gains it made in a rallying final week of May. [May, as it turned out, was a record month for physical ownership of U.S. Mint American Silver Eagle bullion coins. More than 3.6 million were sold. For more, read Silver Eagles Best [...]

Silver Prices Retreat in May 2010 Despite Rallying Final Week

Silver prices soared this week, but nevertheless declined during the month of May after a 6.4% increase in April. On Friday, New York silver futures for July delivery fell 4.6 cents, or 0.3, to $18.422 an ounce, capping a 1.2% loss in May. For the week, however, the metal soared 77.1 cents, or 4.4%.

Silver Prices Plunge in 3rd Week of May

Silver prices were brutalized during the third week of May, tumbling with other precious metals with stiff selling the order of the day for much of the week. Silver’s fall was less severe as compared to other industrial used metals, like platinum and palladium. But its drop was deep nevertheless. London and New York prices [...]

Silver Prices Soar 11% in London, 4.2% in New York

Silver prices rallied this week, pulling away from the declines of the prior week. The metal soared 11% in London and 4.2% in New York. Silver began its rally in the U.S. on Friday of last week, with analysts saying some investors were buying the metal as an alternative to gold which was too expensive [...]

Silver Pares Losses in First Week of May

Silver prices tumbled for much of the week before recovering Friday to pare losses. Metals were led up and down over concerns of the Greek debt woes, with added worries that the crisis could spread to other euro-zone countries. The fears helped safe-haven investments, like gold, but brought down industrial metals that would suffer weakened [...]

Silver Prices Soar in April 2010

Silver prices soared during the month of April, rising 6.4% in both London and New York. The metal rallied late in the week after retreating earlier despite soaring gold prices. Silver typically follows gold. However, while gold was lifted as a safe-haven investment over concerns of widening sovereign debt issues in Europe, those same issues [...]

Silver Reverses Losses, Rises 2.9% in New York

Silver prices in New York reversed prior week losses and rose 2.9% for the week. Earlier setting London silver, however, finished down 2.5%. Driving U.S. gold higher was a weakened dollar that ended a six day rally versus the euro. Silver often follows gold.

Silver Prices Fall Below $18/oz, Plunging with Other Commodities

Silver prices skidded to a halt, breaking a two-week winning streak in New York. U.S. silver futures tumbled along with other commodities on Friday as Goldman Sachs Group Inc. was charged with fraud by U.S. regulators. New York silver futures for May delivery were set to end with a positive week, and then plunged 75.8 [...]

Silver Surges for Second Week, Topping $18/oz

Silver prices surged for a second week and above $18 an ounce in New York on Monday while the London markets were closed for an extended Easter weekend. Prices retreated below the mark on Tuesday and then recovered again on Wednesday to rise on industrial demand expectations and in spite of a stronger U.S. dollar. [...]

Silver Weekly Prices Surge 5.8% in N.Y. and 5.0% in London, Soars in March

Weekly silver prices soared toward the end of March and the beginning of April after falling the prior week. The metal jumped 5.8% in N.Y. and 5.0% in London. The London silver fix ahead of long Easter weekend ended at $17.69 an ounce, marking a weekly gain of 84 cents. For March, silver soared 8.6% [...]

Silver Prices Fall in Fourth Week of March

Silver prices fell in both N.Y. and London during the fourth week of March. New York silver futures for May delivery closed on Friday at $16.906 an ounce, falling 13 cents, or 0.7%, during the week. By comparison, the first, second and third weeks of this month registered gains / losses of +86 cents, -33.4 [...]

Gold and Silver Premium Analysis, A Hard Look

Lost in the daily commentary about gold and silver prices is the actual cost of taking possession of these precious metals. Unless you trade in paper GLD or SLV, or you store your bullion in overseas vaults with companies like Goldmoney, the actual cost to purchase gold and silver can diverge from the COMEX spot [...]

Silver Prices Remain Mostly Unchanged in Third Week of March

Silver prices during the third week of March edged slightly lower in New York and remained unchanged in London. In the numbers, New York silver futures for May delivery ended Friday at $17.032 an ounce for a weekly loss of 2 cents, or 0.1%. In contrast, N.Y. silver dropped 33.4 cents last week after soaring [...]

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