At a time when hedge funds are reducing bullish silver bets by the most in two years, analysts predict a rally as manufacturing expands from China to the U.S., boosting demand for the precious metal most used in industry.Money managers cut wagers by 68 percent in two months as futures...
Silver and China are coming full circle. In the mid-1930s the academic journal Foreign Affairs noted how "the world was startled by the news that China had abandoned the silver standard" after foreign miners began dumping surplus metal into China.Seventy-eight years later, this coming...
Royal Bank of Scotland Friday reduced its 2012 price outlook on a range of metals, including gold, while slightly increasing its average price forecast for silver.RBS increased its silver price forecast for 2012 by 3% to $33.00/oz.
CME Group Inc. (CME), the world’s largest futures exchange, is raising futures margins for non-hedged positions to comply with new regulations.Members will be treated as speculators for outright positions, paying a higher margin, said the exchange, which trades everything from energy,...
We already told you that silver prices would rally this year, and developments last week could make the surge approach even faster.The white metal was trending down last week until dovish remarks from Team Bernanke...
The Shanghai Futures Exchange received regulatory approval on Wednesday to start trading in silver contracts, giving Chinese investors a new way to bet on the precious metal.The lot size of the contracts was set at 15 kilograms and the lot prices will be allowed to fluctuate by 5 percent...
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached table and charts summarizing the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the April 24-25...
The Fed described the economy as expanding moderately, just as it did in March, and said the unemployment rate had declined but remains elevated.Officials noted a pick up in inflation but said it was largely attributable to...
0.26%
-0.1%
-0.05%
0.83%
