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Silver ETFs Climb 5% on Waning Sentiment, Fed Talk

Investing News Network
Oct. 27, 2011 02:40PM PST
Silver Investing

China Business News reported that weak economic news led to an increase in silver ETFs.

China Business News reported that weak economic news led to an increase in silver ETFs.

As quoted in the market news:

There was safe-haven buying Tuesday on speculation European Union leaders will announce a plan Wednesday that’s short on details and specific steps for dealing with the debt crisis and Greece, Kitco News reported. Silver prices hit a fresh four-week high. The silver bulls now have the overall near-term technical advantage, Kitco said.

Click here to read the full China Business News report.

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