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Monday, 4/26/2021 14:59 SILVER PRICES held steady Monday, reversing an earlier slip alongside gold as the US Dollar turned higher ahead of this week's Federal Reserve meeting and leading analysts forecast that the precious metal will extend 2021's jump, writes Atsuko Whitehouse at BullionVault.   Spot silver prices today rose to $26.20 before edging back 10 cents after rising for 3 weeks running and touching 7 week-highs last Wednesday at $26.64 per ounce.   Gold meantime fell to $1770 before reversing that $6 drop but holding ...

The Silver Institute: Global Pandemic Fueled Renewed Investor Interest in Silver in 2020 Record Silver-Backed Exchange-Traded Product Inflows Drove Global Holdings to Over One Billion Ounces; Coin and Bar Demand Rose to a Four-Year High WASHINGTON, April 22, 2021 (GLOBE NEWSWIRE) -- Considerable growth in silver investment was the chief driver of the metal's 27 percent average price gain in 2020. Leading the way was substantial demand for silver-backed exchange-traded products (ETPs), which took global holdings above one billion ounces for the first time since their introduction in 2006. Stro...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Global Pandemic Fueled Renewed Investor Interest in Silver in 2020 The Silver InstituteApril 22, 2021 GMT WASHINGTON, April 22, 2021 (GLOBE NEWSWIRE) -- Considerable growth in silver investment was the chief driver of the metal’s 27 percent average price gain in 2020. Leading the way was substantial demand for silver-backed exchange-traded products (ETPs), which took global holdings above one billion ounces for the first time since their introduction in 2006. Strong demand for silver bars and coin...

The Best Business Conditions of the 21st Century? April 18, 2021 Millions of Americans, it seems, felt that the time was right to trade in their clunkers for a new set of wheels. Sales of cars and light trucks surged an incredible 58% in March compared to last year, according to Bureau of Labor Statistics data. Some 1.6 million vehicles were driven off car lots during the month, representing over 18 million on a seasonally-adjusted annual rate (SAAR). There could be several reasons why car sales skyrocketed last month, the most obvious being that pandemic restrictions are gradually being ...

Gold Prices Continue to Trend Higher on Several Factors FinancialBuzz.com News Commentary NEW YORK, April 16, 2021 /PRNewswire/ -- Gold prices continued to rise on Thursday, as the June Gold futures had their biggest daily gain since March. Gold prices reacted to the U.S. bond yields' pull back and increasing U.S. tensions with China and Russia, which emphasizes the status of the yellow metal as a safe haven asset. According to a report by Kitco, a weaker U.S. dollar index and a rally in crude oil futures this week are also helping to push the gold and silver markets. In addition, even though...