Weekly Gain in the Cards for Silver

iNVEZZ.com reported that silver was up Friday morning after trading down for the previous two sessions. The white metal could enjoy its first weekly gain in the last four weeks.

As quoted in the market news:

Silver for immediate delivery had advanced 0.37 percent, or six cents, to $16.39 as of 06:36 GMT, and was trading 1.6 percent above its 50-day simple moving average of $16.16. The precious metal has risen over four percent so far this week and is set for its first weekly gain since the seven days ending 12 December after safe haven demand rose following the latest spark of political uncertainty in Greece.

Click here to read the full iNVEZZ.com report.