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 [...]

Silver Prices Tumble, Breaking 5-Week Winning Streak

U.S. silver prices tumbled this week, breaking a streak of five weekly gains. Precious metals moved mostly as a group in the last several days, following gold which sank as the U.S. dollar showed strength against other world currencies. Profit-taking was also a motivating factor for losses, opined many an analyst. On Friday, New York [...]

Silver Prices Rally for Fifth Straight Week

U.S. silver prices have registered gains for five straight weeks. The metal not only continues to rise, but it has also outperformed gold and platinum by huge margins. On Friday, silver futures for December delivery retreated for the second time this week, dipping 14.7 cents, or 0.6 percent, to settle at $24.288 an ounce on [...]

Silver Prices Jump Over $23, Fourth Weekly Gain

U.S. silver prices moved in the same direction as gold, only faster. Price soared to above $23 an ounce, closing to a new 30-year high and marking four straight weekly gains. Gold rose 2.1 percent this week, advancing on the weakness of the U.S. dollar as expectations increased that the Federal Reserve would ease its [...]

Silver Prices Top $22, Third Week of 30-Year Highs

U.S. silver prices soared 23.9 cents to close above $22 an ounce on Friday, capping three straight weekly gains and continuing a run of fresh 30-year highs. Prices finished lower only once this week as profit-taking emerged on Thursday, the final day in September and of the third quarter. Still, prices soared 12.3 percent for [...]

Silver Closes Week at Highest Price, Tops $21

U.S. silver prices surged for a second straight week, jumping ahead 58.3 cents from last Friday and topping $21 an ounce for a fresh 30-year high. Aside from a dip on Tuesday, daily closing prices increased through to Friday. Silver for December delivery ended at $21.399 an ounce on the Comex in New York, marking [...]

Silver Prices Soar to 30-Year High

Silver soared this week and closed at its best price in three decades. U.S. silver prices climbed with each succeeding day this week, with the highest intraday level coming in at above $21 an ounce on Friday. Prices reached an intraday low of below $20 an ounce just once, and that was on Monday. On [...]

Silver Has First Weekly Decline in Three Weeks

U.S. Silver prices edged lower this week, breaking a string of two weekly gains and falling from a more than two year high above $20 an ounce. The metal started the week with near 50 cent daily swings, although closing prices were narrowed. Silver peaked on Wednesday when it touched $20.180 — the highest level [...]

Silver Soars to $19.95, Hits Highest Price Since 2008

U.S. silver prices on Friday closed at their highest level since March 2008, capping two straight weeks of gains. The metal soared 4.8% this week in New York after surging 5.8% last week. Silver as "the poor man’s gold" easily outperformed the yellow metal. In fact, the gold to silver ratio is at the lowest [...]

Silver Prices Soar for Week, Silver Eagles Top 23M

Silver prices rallied this week in New York and London, with respective weekly gains of 5.8% and 4.9%. U.S. silver tracked gold and joined with increases in other precious metals, breaking a two-week losing streak. With the exception of a 4.4 cent dip on Thursday, silver moved higher each day since last week’s close. On [...]

Silver Prices End Below $18, Bullion Coin Demand Plummets

U.S. silver prices fell 33.6 cents on Friday, marking four straight days of losses an pulling the metal a penny below $18 an ounce. Silver has fallen for two straight weeks. On Friday, September silver finished at $17.991 an ounce on the Comex in New York, registering a 0.7% weekly loss and hitting its lowest [...]

US Silver Prices and Bullion Coins Decline for Week

U.S. silver prices fell 36.3 cents this week after rising 46.9 cents last week. Silver also broke away, to some degree, in tracking gold which was the only precious metal to post a weekly gain. On Friday, Silver for September delivery rose 4.4 cents, or 0.2 percent, to finish at $18.109 an ounce on the [...]

Silver Prices Mark First Week of August with Gains

U.S. silver tracked gold during the first week in August, registering a weekly gain of 46.9 cents after falling 3.8 percent in July. Gold was lifted by a weaker dollar on Friday as poorer-than-expected jobs data cast shadows on the pace of the economic recovery. Investors sought less risky options, which included gold and silver. [...]

Silver Prices Retreat in July 2010

U.S. silver marked a third straight day of gains Friday, but it still declined this week which set prices lower for July. On Friday, silver for September delivery advanced 38.6 cents, or 2.2%, to settle at $18.003 an ounce on the Comex in New York. The metal fell 9.8 cents, or 0.5%, this week. It [...]

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 [...]

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