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    Silver prices to average $28/oz in 2011-GFMS

    Investing News Network
    Nov. 18, 2010 07:15PM PST
    Silver Investing

    Reuters Africa reports that Silver is likely to rise above $30 an ounce and average $28 in 2011.

    Reuters Africa reports that Silver is likely to rise above $30 an ounce and average $28 in 2011.

    The market news is quoted as saying:

    For 2010, GFMS expects fabrication demand to rise 10 percent as a recovery in industrial uses, record coin demand and slight growth in jewelry off-take offset losses in photography and silverware fabrication.

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