Silver Following Market Behaviour

Mineweb reported that silver price is under the influence of  market behaviour, driven mostly by U.S. investors.

As quoted in the market report:

Silver will also benefit from Chinese growth as the number of cities over 1 million is set to grow from 100 to over 200 in the next two decades.  Not only that, retail investment demand for silver continues to grow, albeit slower than with gold, but for different reasons. We see monetary and institutional investment for gold making it the more solid of the two.

To view the whole Mineweb report, click here.