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    market news

    Silver Plays the Dollar

    Melissa Pistilli
    Aug. 06, 2009 08:57AM PST
    Market News

    Silver Investing News reports silver prices were high in the last few weeks with the weak US dollar. Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., the U.S. and Europe, that show demand for commodities like raw materials is on the rise. …

    Silver Investing News reports silver prices were high in the last few weeks with the weak US dollar.

    Growing sentiment of economic recovery in the markets was boosted by promising global manufacturing reports, specifically out of China, the U.K., the U.S. and Europe, that show demand for commodities like raw materials is on the rise. The recent reports spurned a rise in commodities prices to their highest level for the year.

    The recent optimism flooding into the market is a boon for commodities and a blow to the dollar.

    For complete story, click this link.

    Follow developments in resource mining and exploration for free.

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