LATEST NEWS : Silver the star performer in recent precious metals rally

Silver’s performance in the recent precious metals rally has been quite spectacular rising around 13% in a matter of days, before drifting back a little  along with gold as the initial momentum has left the market.  Undoubtedly some of the cream will have been due to short covering, but the movement does suggest that should there be a significant upwards move in the gold price, as some technical analysts suggest, then the potential for a much more dramatic rise in silver is very much with us.  Conversely, of course, should the gold price fall back drastically between now and the end of the year, silver investors could face some very sharp losses such is the metal’s volatility in comparison with its yellow sibling.

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