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    market news

    Silver Price Tied to Dollar’s Fate

    Melissa Pistilli
    Mar. 31, 2009 09:52AM PST
    Market News

    Silver Investing News reports silver price began low this week with an uncertain future for the US dollar. A stronger dollar and profit taking are the major culprits in silver’s slide as it moves alongside gold. The Euro has been trading lower against the dollar after the European Central Bank (ECB) President Jean-Claude Trichet announced …

    Silver Investing News reports silver price began low this week with an uncertain future for the US dollar.

    A stronger dollar and profit taking are the major culprits in silver’s slide as it moves alongside gold. The Euro has been trading lower against the dollar after the European Central Bank (ECB) President Jean-Claude Trichet announced the possibility of additional interest rate cuts.

    For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to The Resource Stock Watch.

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