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Chinese Demand Expected to Drive Silver Prices up

Written by Investing News Network
|
Oct. 30, 2012 08:57AM PST

Mineweb reported that due to an increase in demand from Chinese investors seeking alternative investments, silver prices are expected to rise in 2013.

Mineweb reported that due to an increase in demand from Chinese investors seeking alternative investments, silver prices are expected to rise in 2013.

As quoted in the market report:

Investors in China are seeking out silver as an alternative value investment with the economy cooling for a seventh quarter. Research from Beijing Antaike notes that demand for silver is set to jump as much as 10% in 2013, with investors seeking to preserve their wealth.

To view the full Mineweb report, click here.

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