Silver prices: pullback before rally?

- May 27th, 2009

Silver Investing News reports a slight dip in silver prices. After reaching a nine-month high on Friday, the spot price for July silver on the COMEX closed down 8 cents to $14.61 an ounce Tuesday on a rebounding dollar, a slight Wall Street rally and profit-taking. But many industry analysts view this dip as merely … Continued

Silver Investing News reports a slight dip in silver prices.

After reaching a nine-month high on Friday, the spot price for July silver on the COMEX closed down 8 cents to $14.61 an ounce Tuesday on a rebounding dollar, a slight Wall Street rally and profit-taking. But many industry analysts view this dip as merely a pullback before silver continues its upward climb.

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