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    market news

    Silver to Hit $39.75 an Ounce in 2013: LMBA

    Investing News Network
    Jan. 11, 2013 10:11AM PST
    Silver Investing

    Bloomberg reported that a recent LMBA survey says that silver will reach $39.75/ounce in 2013.

    Bloomberg reported that a recent LMBA survey says that silver will reach $39.75/ounce in 2013.

    As quoted in the market report:

    Silver for immediate delivery traded at $30.7425 an ounce in London today and will jump as high as $39.75 this year, averaging $33.21, the LBMA survey showed. It reached a record $49.79 in 2011 and climbed 9 percent last year.

    To view the whole Bloomberg report, click here.

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