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While inflation fears and aggressive speculation continue to dominate the market we can expect to see further fluctuations in precious metals prices. Gold is expected to continue to rise in the future, bringing silver along for the ride. The drag on silver can be attributed in part to normal seasonality and downward pressure on industrial …
While inflation fears and aggressive speculation continue to dominate the market we can expect to see further fluctuations in precious metals prices. Gold is expected to continue to rise in the future, bringing silver along for the ride.
The drag on silver can be attributed in part to normal seasonality and downward pressure on industrial metals. Those who follow the US markets religiously know that October usually brings some heavier selling pressure on stocks and commodities.
But this year, the pressure is compounded by lingering economic fears still gripping many investors. Industrial metals like platinum, copper and nickel have also experienced price declines over the same period as silver.
Read the complete article on Silver Investing News.