Friday, November 18, 2011

Silver prices in 2012

Silver prices in 2012 will rally to $45 because today silver prices aveage $35.66 an ounce in 2011. this prediction by Silver Interim Report Media Advisory, released by GFMS Thomson Reuters.Prices for silver from January to November has averaged $35.70 representing a growth of 88% year-on-year basis. Silver prices continue to be driven by strong investment demand. Siver’s core fabrication demand (excluding coins) should rise next year, chiefly due to gains in industrial uses, it will nonetheless be exceeded by gains in mine production and recycling.

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