Articles Tagged "silver price"

Survey Says: Investors Prefer Precious Metals

The most recent Resource Investing News biannual Investor Survey reveals that while investors remain optimistic about the long-term potential of the commodities markets, a large majority are hedging their bets on precious metals like gold and silver.

Gold Price Approaches Key $1,000 Level

By Kishori Krishnan Exclusive To Gold Investing News Gold prices inched up on Monday in Tokyo, as the dollar weakened, prompting investors to buy back gold after it lost 2 per cent late last week, when optimism about the economy reduced bullion’s safe-haven appeal. Gold stocks have had their heads lopped off, many with 70 [...]

Columbus Gold reports Columbus Silver completes IPO

Columbus Gold Corporation reports that Columbus Silver Corporation completed its initial public offering and expects to begin trading on the TSX Venture Exchange on September 23, 2008. The Columbus Silver IPO resulted in Columbus Silver issuing 7,209,000 units at a price of $0.25 per unit for gross proceeds of $1,802,250. Each unit consists of one common share and one [...]

Gold may gain as dollar weakens, oil rebounds; silver rises

Bloomberg.com reports gold may rise as the dollar weakens while crude oil rebounds boosting the appeal of the precious metal and silver rises. Crude-oil futures rebounded from the biggest decline in three months after Iran test-fired a long-range missile. The euro climbed from the lowest in a week against the dollar. Before today, gold gained 39 [...]

Higher gold forecast from UBS

National Post reports UBS forecasts higher prices for several metals despite expectations for lower gold and silver prices for next year. UBS feels a firming of the U.S. dollar, inflation fears subsiding in developed markets and risk in general being lower in 2009 will all contribute to lower price for gold and silver. For complete story, click this [...]