Why the silver price drop
Breaking market news and analysis for gold, silver, finance and economics. Up-to-date precious metals market prices and charts. Why Did Silver Drop So Much? Sep. 28, 2011 12:08 AM ET I do want to point out that these types of price swings are NOT rare at all for silver. It's consistently the most erratic and volatile In case you didn’t notice, silver dropped WAY more than gold recently. While gold is currently about 15% off its highs of $1,900 – silver fell about 30% from peak to trough – in less than a month. The bulk of the drop occurred in just the last week – from $40 down to below $30. The New York spot price for an ounce of silver plunged to $20.45 a little after noon EDT, a 2.2% drop from the previous day's close of $20.90. One of the likely culprits was positive economic news out of the Eurozone, with the release of the Markit Flash Purchasing Manager's Index, The price of gold dropped from $1,241 as of Friday’s close to $1,219 on the close Monday, or -1.8%. The price of silver fell from $16.58 to $16.11, or -2.9%. It is being called a gold and silver “smash” (implication being that one party or a conspiracy is doing the smashing). Pan American Silver: $5.35 margin based on $11.13 AISC net of by-product credits. As you can see, none of these silver miners is in any danger of generating losses at silver's current spot price.
2 days ago "Traders are cashing out of gold, which has deep liquidity, as equities extend their hardest drop on record." Chart of the US Dollar gold price.
In 1791, it set the price of gold at $19.49 per ounce but also used silver to redeem Gold dropped to $410 per ounce and remained in that general trading range Nov 11, 2019 The silver markets get hammered as it was reported that the Americans may drop tariffs against the Chinese, although there have been conflicting May 11, 2018 The short-term price prediction for silver sets $16.91/toz by the end of 2019. The long-term prediction to 2030 forecasts a significant drop in the Oct 28, 2019 The case of GDP-silver price dynamics has been slightly complicated, as a drop in growth rate fuels investment demand for silver, whereas a Dec 1, 2019 Week Ahead Commodity Report: Gold, Silver & Crude Oil Price Meanwhile Oil prices fell on Friday, dropping more than 4%, on fresh trade
Feb 9, 2020 Either their positions drop but remain significantly positive as the price correction ends. This tends to happen in a silver bull market. After silver's
No one can predict the future and tell you with any accuracy what silver could or will drop to or when. That being said: Silver is mined at an 11:1 ratio to gold. In 1791, it set the price of gold at $19.49 per ounce but also used silver to redeem Gold dropped to $410 per ounce and remained in that general trading range Nov 11, 2019 The silver markets get hammered as it was reported that the Americans may drop tariffs against the Chinese, although there have been conflicting
2 days ago "Traders are cashing out of gold, which has deep liquidity, as equities extend their hardest drop on record." Chart of the US Dollar gold price.
In 1791, it set the price of gold at $19.49 per ounce but also used silver to redeem Gold dropped to $410 per ounce and remained in that general trading range Nov 11, 2019 The silver markets get hammered as it was reported that the Americans may drop tariffs against the Chinese, although there have been conflicting May 11, 2018 The short-term price prediction for silver sets $16.91/toz by the end of 2019. The long-term prediction to 2030 forecasts a significant drop in the Oct 28, 2019 The case of GDP-silver price dynamics has been slightly complicated, as a drop in growth rate fuels investment demand for silver, whereas a
The price of gold dropped from $1,241 as of Friday’s close to $1,219 on the close Monday, or -1.8%. The price of silver fell from $16.58 to $16.11, or -2.9%. It is being called a gold and silver “smash” (implication being that one party or a conspiracy is doing the smashing).
We bring you silver news headlines from around the world. Metals Daily provide silver investors with the latest silver prices, breaking silver news, data analysis and precious metal information so your investment decisions are informed and up to date.
In 1791, it set the price of gold at $19.49 per ounce but also used silver to redeem Gold dropped to $410 per ounce and remained in that general trading range Nov 11, 2019 The silver markets get hammered as it was reported that the Americans may drop tariffs against the Chinese, although there have been conflicting May 11, 2018 The short-term price prediction for silver sets $16.91/toz by the end of 2019. The long-term prediction to 2030 forecasts a significant drop in the Oct 28, 2019 The case of GDP-silver price dynamics has been slightly complicated, as a drop in growth rate fuels investment demand for silver, whereas a