If you're looking to buy silver, the first question to answer is, should I buy physical silver or paper silver?
Both investments let you profit from silver's price moves. To decide which one is best for you, you need to answer some questions about your investment goals.
To help, here's a closer look at each way to play the white metal.
If you're looking to buy silver, the first question to answer is, should I buy physical silver or paper silver?
Both investments let you profit from silver's price moves. To decide which one is best for you, you need to answer some questions about your investment goals.
To help, here's a closer look at each way to play the white metal.
Silver was making strides this month, which is why people are wondering why silver prices are falling this week.
Dollar strength and soaring equities kept a lid on silver prices.
But there is room for optimism. Here's what to expect in the next month.
The price of silver this week has been difficult to pinpoint.
It's responded to a large sell-off in the last month, though it hasn't quite established a rally or continued its three-month decline.
While it's future remains uncertain, here's what we do know about the factors affecting silver...
Silver prices this week have fallen slightly, but there are encouraging signs for the white metal moving forward.
After almost three months of freefall, during which time silver prices fell 21.4% and touched off four-year lows, prices finally reversed direction and traded up last week. It had fallen 11 of the 12 weeks prior and had been down for five consecutive weeks.
So what's fueling this reversal? And why is it flat this week?
Silver prices this month were falling to what can only be described as ridiculously low prices.
That's why silver exchange-traded funds bulked up their holdings, and prices are slowly beginning to reverse their slump.
Buoyed in early trading by a flight to safety amid simmering turmoil between Ukraine and Russia, silver prices today are showing signs of life.
In morning trading Friday, the price of silver rose $0.62, or 2.44%, at $21.89 an ounce. While the white metal slipped $0.148 Thursday to finish the session at $21.25 an ounce, the dip came on mild profit taking. Silver had a stellar showing Wednesday, ending up 2.66%, or $0.55, at $21.33.
Here's why this is an important catalyst for higher silver prices over the week...
Even though silver prices today (Friday) are down a relatively flat 0.59%, they're up more than 10% so far in February, and the rally won't end here.
This is where silver prices are heading in early 2014 - and how they're getting there...
Despite lower silver prices, Vancouver's Pan American Silver Corp. (Nasdaq: PAAS) reported strong earnings yesterday (Thursday) that sent its shares soaring 6.28% over the day - and up to an 8.35% gain through Friday.
At first glance, Pan American's story may appear grim. In 2013, silver prices fell 35.7%, and Pan American shares fell right alongside, for a remarkably similar 35.57% loss across the year.
Thursday's earnings posted a net loss of $293.1 million, or $1.94 per share, during Q4 2013.
Silver, like gold, has had a difficult year. After sliding 36.3% in 2013, the precious metal ended January down 4%. But at the same time, there have been signs that a turnaround is in the offing. Yesterday silver edged up 1%, and
It now appears to be on the brink of a major rally...
