Silver Prices Rally 19% in January

Silver registered its best start to the year in nearly three decades. Easily outperforming all other precious metals, silver prices soared 19.2% for the month in both New York futures and in London. On Tuesday, March silver futures edged down 26.5 cents, or 0.8%, to close at $33.262 an ounce on the Comex in New York. […]

Silver Prices in 2011 Plunge 9.8% in New York and 8% in London

New York silver rallied Friday but the gain was too little, too late. Silver prices plunged for the week, month, quarter and year. On Friday, March silver futures settled up 60 cents, or 2.2%, to settle at $27.915 an ounce on the Comex in New York — its best closing price this week. It reached a high […]

2011 Proof Silver Eagle Suspended for Price Increase, Uncirculated Price Announced

The United States Mint suspended sales of its most popular numismatic coin, the 2011-W Proof Silver Eagle. When sales resume, which is expected to be soon, the new price will be $68.45, or $8.50 more. The increase relates to the upcoming 2011-W Uncirculated Silver Eagle that will debut for $60.45 in September. [Editor’s update: The […]

Silver Prices Jump 4.8% in Week, Up 61.3% in 2010

U.S. silver prices rebounded from losses last week to close above $27 an ounce, capping a weekly gain of 4.8 percent and notching a 2010 gain of 61.3 percent. Silver prices for December delivery rose 34.5 cents, or 1.3 percent, to settle at $27.179 an ounce on the Comex in New York. For the week, […]

Silver Prices Drop, Ending Two-Week Winning Streak

U.S. silver prices tumbled on Friday, erasing prior day gains and cementing a weekly loss. Silver was on a roll this week until the Chicago Mercantile Exchange (CME) announced an increase in silver margins from $5,000 to $6,000. The news triggered an after-hours selloff on Tuesday which continued into Wednesday and sank prices by $2.04, […]

Silver Prices Near $27, Surge 8.9% in Week and 58.8% in 2010

U.S. silver prices surged 8.9 percent this week and settled at a fresh 30-year high for a second straight Friday. The metal kicked into high gear Thursday, one day after the Federal Reserve announced new quantitative easing measures in an attempt to kick-start the American economy. Investors are betting that those measures will weaken the […]

Silver Hits New 30-Year High, Prices Surge 12.6% in October

U.S. silver prices hit a fresh 30-year high on Friday, capping a weekly increase of 6.3 percent and an October rally of 12.6 percent. Precious metals moved as group this week, supported by expectations that the Federal Reserve will attempt to stimulate the economy with another round of quantitative easing. Bull camps opined that further […]

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