Silver Price Rising on Increased Investment Demand

IBTimes reported that investors are demanding more silver which is pushing prices up.

As quoted in the market news:

The prestigious Silver Institute recently announced that industrial silver demand will increase globally by approximately 36% to 666 million ounces in the next five years. The price should find a good support in the wake of this development as industrial end users are expected to likely take the chance of buying price dips on futures and options markets in correction phases.

Click here to read the full IBTimes report.