By Jocelyn Aspa
Last year, the silver price dropped drastically from $18.29 an ounce at the beginning of 2015 to $13.83 to kick start 2016. No doubt, the silver price has been on the rebound this year, rising 42.66 percent back up to $19.62. Here are a few silver price predictions.
As always, there have been plenty of calls for a silver price turnaround, and that theme dominated the top stories on Silver Investing News for the first quarter of 2015. From trend forecasts to talks with industry experts and analysts, predictions regarding the silver price were certainly some of our
While both gold and platinum prices have continued to fall so far this year, platinum has taken a harder hit, making the white metal cheaper than gold. William Tankard, director of precious metals and mining at Thomson Reuters, pointed first to supply-side factors that are driving platinum’s fall.
Canadian gold producer Richmont Mines had a good 2014. To get a bit more insight into what drove its success, Resource Investing News caught up with CEO Renaud Adams at the recent PDAC conference in Toronto.
William Tankard, director of precious metals and mining at Thomson Reuters, believes that silver is “probably at or around the turning point.”
At PDAC, Resource Investing News spoke with William Tankard, director of precious metals and mining at Thomson Reuters, about the markets for platinum and palladium. Overall, Tankard sees prices moving closer together for both metals, with prices averaging around $1,300 to $1,350 per ounce for platinum and around $900 per
Sprott Silver Equities Class Co-Manager Maria Smirnova understands the power of leverage. She has seen the big impact even a slight increase in the silver price can have on silver producers. Every cent is multiplied and goes right to the investor’s bottom line, giving the equities more upside than possible
Platinum prices continue to fall as investors prioritize EU demand over potential supply constraints in South Africa.
Continuing on its upward trend, silver investors are still maintaining a cautious optimism in the white metal.
Having long been considered a leading investment in the gold-related arena, Van Eck Global has a track record of managing gold investment products dating well back into the last century. The United States based firm features the Van Eck International Investors Gold Fund, which has an inception date of
Silver America, Inc. (OTCBB: SILA) reported that the company has entered a 2-year, $7.5 million equity financing agreement with ZUG Financing Group S.A., a European institutional investment group that specializes in backing precious metals and mining ventures.
Silver Investing News reports the brutal month for investors in precious metals and mining are seeing some light and a road to recovery in the coming days and months.
“The reversal in the dollar’s recent strength could signify that [gold prices] are close to lows,” said Gold & Silver Investments executive