Silver Weekly Prices Jump 4.2% in New York

Silver prices marked gains in the second week in February after tumbling nearly 20% during the three prior weeks. Despite slight losses on Friday, weekly silver prices jumped 4.2% in New York and 1.1% in London. For the most part, silver followed gold’s direction, and gold moved opposite of the US dollar. The greenback was [...]

Silver Tumbles Nearly 20% in Three Weeks

Silver prices ended the first week in February with deepened losses. The metal has caved by almost 20 percent since mid-January. While the enormous losses could present a buying opportunity next week, little is in the news front to suggest a direction of north or south. Precious metals have thus far been commanded by the [...]

Silver’s Slide Ends in January, 2010

Silver prices can head no lower in January, but only because the trading days ended for the month on Friday. Silver tumbled during the first month in 2010, falling 4.1 percent in London and 3.9 percent in New York. The strength of the US dollar and worries over industrial demand were commonly cited for silver [...]

Silver Plunges 8.1% in New York, 6.7% in London

Silver prices fell of a cliff this week in both New York and London. The metal suffered respective weekly losses of 8.1 percent and 6.7 percent. Price declines began to slope lower on Wednesday, after gold struggled following news that China was beginning to tighten bank lending which boosted the US dollar. Gold generally moves [...]

Silver Weekly Prices Advance in London, Decline Slightly in NY

Silver weekly prices calmed following the wild upward rides of the first 2010 trading week. Silver in London did push up 2.2 percent for the week. However, later closing New York silver futures dipped 22.5 cents on Friday to finish with a weekly 0.2 percent loss. At the end of the day, New York silver [...]

Silver Prices Surge in First 2010 Trading Week

Silver prices were smoking hot during the first full week of trading in 2010. For the week, the metal soared 9.6 percent in New York and was fixed 6.7 percent higher in London. Silver prices in 2009 posted an annual gain in New York of 49 percent, which was the biggest yearly increase since 1979. [...]

2009 NY and London Silver Prices, Annual Gains

Despite a down week, silver had a spectacular 2009. The metal posted an annual gain in New York of 49%, which was the biggest yearly increase since 1979. The percent gain was even larger in London at 57.5%.

Weekly Silver Prices Little Changed

Silver prices were little changed in this holiday-shortened week. The metal shifted lower until turning a corner in New York on Tuesday and then regaining more serious traction on Thursday to overcome prior losses. New York silver futures for March delivery ended the week at $17.44 an ounce, rising 12 cents, or 0.7 percent. London [...]

Weekly Silver Prices Rise in NY, Fall in London

Silver prices were mixed on the week, as it increased 1.3% in New York and fell 1.1% in London. Precious metals for the most part were pressured by a stronger US dollar, which stuck around a three-month high that was hit on Thursday. Bullion generally moves opposite of the greenback. New York silver futures for [...]

Weekly Silver Prices Fall More Than 7%

The pullback in silver prices that began last Friday continued through the week, as commodities were pressured lower mostly due to a stronger U.S. dollar, according to reports. Silver plunged in both London and New York, with respective weekly drops of 7.0% and 7.7%. It was the worst performer in the precious metals group. New [...]

Silver Ends with Weekly Gain, Despite Friday Fall

Silver ended the week up in London and New York despite a pullback on Friday following a government report that helped drive the US dollar to its biggest gain since 1999, making precious metals less attractive. A Labor Department report released Friday showed employers cut fewer jobs in November, bringing the unemployment rate down to [...]

Silver Prices Fall from ’09 Highs

Silver prices retreated from 2009 highs this week as the metal fell 2.4 percent in London and 0.7 percent in New York. New York December silver futures closed Friday to $18.302 an ounce, marking a 13.8 cent loss. London silver was fixed at $17.74 an ounce, falling 44 cents for the week. Despite the loss, [...]

Silver Prices Surge 6.1% in NY and 5.0% in London, 2009 Highs Hit

Silver prices soared this week as the metal followed the path of rising gold. 2009 highs were reached on Wednesday, before easing back yet still earning respective weekly increase in New York and London of 6.1 percent and 5.0 percent. New York silver futures for December delivery ended at $18.44 an ounce on Friday to [...]

Silver Prices Volatile During the Week

Silver was volatile this week. Daily prices took turns at large swings of ups and downs. In the end, New York silver as virtually unchanged for the week while London silver fell 20 cents. Specific figures follow. New York silver futures for December delivery ended at $17.380 an ounce on Friday for a half penny [...]

Weekly Silver Prices Rally to 6.9% in NY and 5.8% in London

In a continuation of the seesaw silver prices we discussed last Saturday, a fresh rally has tilted silver significantly higher — to the tune of weekly gains of 5.8 percent in London and 6.9 percent in New York. New York silver futures for December delivery closed to $17.375 an ounce on Friday, dipping 3.5 cents. [...]

Silver Prices Sink 8.3% in NY, 6.1% and London

October has been a month of seesaw silver prices, with the latest weekly silver numbers plunging in both New York and London. Last week the metals overcame the previous week’s decline. This week those gains were given back, and more. New York silver futures for December delivery closed to $16.255 an ounce on Friday, and [...]

Silver Prices Bounce Back in NY and London

Silver prices returned with some luster following their declines last week when prices slumped below yearly highs. The metal enjoyed weekly gains of 2.0 percent in London and 1.7 percent in New York — both closing at their at their highest weekly levels this year. New York silver futures for December delivery finished Friday at [...]

Silver Prices Retreat from Year Highs

Silver prices in both New York and London retreated from last week’s highs with both markets settling at weekly losses of more than 1.5 percent. New York silver futures for December delivery closed Friday at $17.42 an ounce, declining 27 cents, or 1.5 percent, from last Friday’s close of $17.69. London silver was set to [...]

Silver Prices Soar in NY and London

Despite ending lower on Friday, silver prices blasted off this week with London silver surging 8.8 percent and New York silver soaring 9 percent. To the numbers… New York silver futures for December delivery closed Friday at $17.69 an ounce, jumping $1.46 from last Friday’s close of $16.23. London silver roared ahead $1.42 on the [...]

Silver Prices Recover Slight Portion of Prior Week Losses

Silver enjoyed weekly gains, albeit slight, following last week’s trouncing when the metal lost more than 5%, breaking a four-week winning streak and falling from 2009 highs. New York silver futures for December delivery closed Friday at $16.23 an ounce, rising 17 cents, or 1.1% for the week. London silver, which is set earlier on [...]

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