Silver 2010: Rising Industrial Demand

Resource Investing News

  Silver prices have risen like a phoenix from the financial ashes mainly on the winds of strong investment demand. As 2010 approaches some analysts are predicting this trend will end as the financial sector stabilizes and market fears abate. However, others are confident resurfacing industrial demand will pick up the slack and bring silver …

 

Silver prices have risen like a phoenix from the financial ashes mainly on the winds of strong investment demand. As 2010 approaches some analysts are predicting this trend will end as the financial sector stabilizes and market fears abate. However, others are confident resurfacing industrial demand will pick up the slack and bring silver prices higher.

Precious metals prices have continued their upward trend with gold flirting with $1200 an ounce and silver hinting it may reach $19 an ounce before the year is out.

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