Silver Prices

Investing in Silver: Coin Sales Hit Record Due to Bargain Prices

Silver Price Forecast

Despite the year's nearly 30% fall in silver prices, not everyone is sour on investing in silver. The U.S. Mint reported Tuesday that American Silver Eagle bullion coin sales have already set an annual record.

Authorized purchasers of the popular coins ordered their full weekly allocation of 500,000 coins, according to the Mint. That took total sales year-to-date to a record 40.175 million ounces, surpassing the previous annual record of 39,868,500 million ounces hit in 2011.

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Silver Prices in 2014 Will Ride Higher Thanks to India

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While silver demand among U.S. traders at the moment is muted, silver demand in India - the world's biggest buyer of the white metal - is insatiable.

It will be one of the biggest factors supporting higher silver prices in 2014.

And it all stems from a move the government made to limit gold buying...

And it's created a rare opportunity for silver investors right now...

Silver Prices Today: CFTC Closes Manipulation Case After Five Years

It was a rather quiet week in the silver market. Silver prices dropped about 50 cents an ounce to trade in the $22 an ounce range.

The only real news - major news, that is - in the marketplace was the decision by the Commodity Futures Trading Commission (CFTC) to announce that its probe into silver price manipulation by the large Wall Street banks is closed without any action taken. This is after a five-year probe into the workings of the silver market.

Seriously?

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Silver Prices Today Have Ben Bernanke to Thank

Silver Spot Prices per Ounce

Thanks to that "party animal" Ben Bernanke, silver prices today are enjoying a nice bounce.

That's because the U.S. Federal Reserve chairman, along with the other members at the Federal Open Market Committee (FOMC) meeting yesterday, decided to keep the quantitative easing (QE3) flowing steady with $85 billion of bond buying per month.

After the Fed announcement, silver prices rallied by 5.5% to more than $23 an ounce. That's the precious metal's biggest one-day gain since June 28.

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Silver Price News Today

Silver ingot

Our silver price news today looks ahead at another volatile week for the white metal as global precious metal sentiment remains guarded.

In early-morning trading Monday, spot silver was trading down 1.5% at $21.88.

Silver traders are closely watching the Wednesday outcome of the Federal Open Market Committee's (FOMC) two-day meeting to see if the U.S. Federal Reserve finally follows through on plans to start weaning the U.S. economy off five years of quantitative easing (QE).

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Investing in Silver Now Is Outshining Gold

While investors were pulling millions of dollars out of gold funds last month, another commodity was attracting money like a magnet. And despite a gain of 20% since June, many see it as undervalued. Find out what Money Morning Global Resources Specialist Peter Krauth calls "gold on steroids"...
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What You Need to Know About Silver Prices and the Fed QE Taper

Silver ingot

Silver prices have rebounded about 28% since the lows of late June, and are currently trading at around $23 an ounce.

This move was key for silver prices - it means the metal broke out above its 50-day moving average.

Barclays' technical analysts pointed out that last week was silver's best week since 2011, with a gain of 14.3%.

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Where Silver Prices Are Trading Today – and What's Next

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Silver prices today continue to wander aimlessly around the $20-an-ounce level as the white metal is buffeted by many of the same factors restraining the gold price. This drifting comes after a dramatic drop of 35% in the first half 2013.

As with gold, much of the drop is due to fears that the U.S. Federal Reserve will begin "tapering" purchases of bonds from its current $85 billion-a-month level. If this comes to pass, the financial markets currently believe this will reduce excess liquidity and therefore any possible inflationary fires.

Here's what investors watching today's silver price have to understand...

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