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LATEST NEWS ABOUT SILVER PRICES AND MARKETS

Tuesday, April 24, 2012

Fate of Silver Lies in Investors’ Hands - International Business Times

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Fate of Silver Lies in Investors’ Hands - International Business Times

Last Thursday the World Silver Survey 2012 was released. The latest edition of this annual publication, which was produced by Thomson Reuters GFMSon behalf of The Silver Institute, reveals the continuation of a trend whereby rising supply is outpacing fabrication demand. As this gap continues to widen, investors are inheriting a more critical role in the success of the silver market. 

Silver ETP Holdings Slump by Most in More Than Four Years - Bloomberg

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Silver ETP Holdings Slump by Most in More Than Four Years - Bloomberg


Silver holdings in exchange-traded products slumped by $626.9 million as prices traded near a three-month low and exchange stockpiles climbed, underscoring concern a global economic slowdown may curb demand.
Assets in ETPs lost 3.6 percent yesterday, the biggest one- day drop since January 2008. Silver dropped as much as 3.8 percent to $30.48 an ounce yesterday, the lowest price since Jan. 20, and traded at $30.9325 by 1:35 p.m. in London today.

Morning Silver Market Report - CME Group

Morning Silver Market Report - CME Group

The May silver contract has seen a bounce overnight and when one considers the magnitude of the slide in silver prices yesterday, some of the gains this morning might be technical short covering action. After a slightly negative reaction to a private home price survey early today, silver prices might catch a lift from a minimally positive new home sales result from the US

Trader bets on quick drop in silver ETF - Yahoo! Finance

Trader bets on quick drop in silver ETF - Yahoo! Finance

As the iShares Silver Trust tumbled yesterday, a very short-term put spread topped option activity in the exchange-traded fund. 

The SLV finished the day down 2.54 percent at $29.97, its lowest close since Jan. 19 as it recovered from a 52-week low under $26 reached at the end of 2011. The fund was above $36 at the end of March and has been falling since.

Expect Gold, Silver to trade lower today says, Angel - Moneycontrol.com -





Silver: Silver prices dropped sharply by 2.8 percent on the international markets on Monday taking cues from strength in the US dollar index along with downside in base metals pack. In addition to this, rise in risk aversion in the markets due to Euro Zone debt worries also exerted further downside pressure on prices. The white metal touched an intra-day low of $30.45/oz and ended its trading session at $ 30.76/oz yesterday. MCX Silver May contract decline around 1.6 percent and touched an intra-day low of Rs55,303/kg. However, depreciation in the Indian Rupee cushioned further fall on the MCX on Monday.

Expect Gold, Silver to trade lower today says, Angel - Moneycontrol.com -

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