Silver Receives More Downward Pressure than Gold from Bernanke’s Comments

The Sydney Morning Herald reported that silver has been more negatively effected than gold since Bernard Bernanke’s comments about U.S. economic prospects three weeks ago.

As quoted in the market report:

In that time silver’s price has plunged 13 per cent to about $US18.80 ($A20.86) an ounce currently – and 35 per cent for the year – compared to a fall of less than 12 per cent for gold.

To view the whole Sydney Morning Herald report, click here.