PRECIOUS METALS

2007 a golden year for silver

SILVER posted a solid performance in 2007 with the annual price for the white metal averaging $US13.38 an ounce – a 16% rise on 2006 – thanks to strong investor and industrial applications demand, according to a report by the Silver Institute and Gold Fields Mineral Services.

MiningNews.Net
2007 a golden year for silver

The World Silver Survey 2008 said a key reason behind the silver price spike has been a shift in investor sentiment towards the demand side since 2004. “Much of the surge in investment demand can be...

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