Page 38 - World Silver News Today : Breaking News, Live Updates & Top Stories | Vimarsana

April 27, 2021 Silver prices are poised to surge 30% this year as global demand for the metal increases, according to a new report from The Silver Institute. Demand suffered last year, but a late price surge put silver at $20.55/oz, a 27% increase over 2019’s annual average and the highest silver has been priced since 2013. The report’s authors project an average annual silver price this year of $27.30/oz, though the metal could potentially go even higher, up to $32/oz. In 2020, silver benefited from its status as a safe haven for investors worried about the pandemic’s effects on the ...

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 ...

Will gold break a key barrier this week? Akhil Nallamuthu BL Research Bureau | Updated on April 24, 2021 The likelihood of a minor correction in price at this juncture cannot be ruled out Gains continued for gold and silver for the fourth straight week in the domestic market and for the third straight week in the international market. While some of the recent gains can be attributed to the depreciating dollar, supportive market sentiment is also evident. Net long positions in the COMEX have increased for the first time in the last four months according to the Commitment of Traders by the Com...

Business April 23, 2021 KGHM produces most of its silver at the Non-Ferrous Metal Section of its Glogow Copper Mine in western Poland. Maciej Kulczyński/PAP Poland's KGHM copper and silver mining corporation ranked as the world's biggest silver mining firm and second-biggest producer in this year's World Silver Survey, the company said in a Friday statement. KGHM wrote that it owed its high ranking to its 2020 silver production, which closed at 1,352 tonnes. It added that it has b...

Palladium rocketed to an all-time high of US$2,875 on Friday. Output disruptions mixed with forecasts of rising automotive demand are fueling the uptick. Gold was moving towards a third week of gains as headwinds related to US 10 Year Treasury yields and the American dollar dissipated. As yields and the greenback consolidated, concern over US President Joe Biden’s tax plan announcement and the US Federal Reserve’s meeting next week aided the yellow metal’s growth. Values moved from US$1,775.90 per ounce to a four week high of US$1,796.50 by Wednesday (April 21). NEW! What’s Driving Th...