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    market news

    Analysts Foresee Silver Rally

    Investing News Network
    May. 09, 2012 10:21AM PST
    Silver Investing

    Bloomberg reported that market analysts are bullish and expecting a recovery in the silver market.

    Bloomberg reported that market analysts are bullish and expecting a recovery in the silver market.

    As quoted in the market news:

    Money managers cut wagers by 68 percent in two months as futures tumbled 22 percent, Commodity Futures Trading Commission data show. Prices will rally to average $35.40 an ounce in the fourth quarter, the third-highest on record, according to the median of 11 analyst estimates compiled by Bloomberg.

    Click here to read the full Bloomberg report.

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