Financial Times reports that silver reached a new four-month high of $32.20 per ounce on Monday, on hopes that the US Federal Reserve will act to stimulate the economy.
As reported by the FT, silver investors could be returning to the white metal:
Investors have largely shunned silver this year after being burnt by a year of wild price swings that saw it touch a 30-year high in April 2011 before plunging nearly 35 per cent in a fortnight.
|Silver Investing News Free Exclusive Report: When Will Silver Go Up: Is the Highest Price of Silver Still to Come? Here’s a look at all the major catalysts that are expected to affect the silver price brought to you by Investing News - Bringing you unbiased news, education and helping investors realize their financial goals|