Silver Hits 31-Year High as USD Weakens

Source: Reuters (4/4/11)

"Spot silver was bid at a high of $38.23/oz."

Silver prices rose to their highest since early 1980 in Europe on Monday, tracking gains in gold as weakness in the dollar and higher oil prices supported interest in precious metals.

Well-received U.S. payrolls figures released on Friday also boosted appetite for industrial commodities, analysts said.

Spot silver was bid at a high of $38.23 an ounce at 0756 GMT, against $37.74 late in New York on Friday.

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Gold Co. Sets New Drill Targets for Mexican Project
Source: Streetwise Reports (04/18/2024)

Centenario Gold Corp., fresh off the results of its maiden drilling program at its Eden gold-silver property in Mexico, is outlining new drill targets across the property. At the same time, prices for the precious metal are taking off.

Expert Says Silver Stock Has Begun a New Bull Market
Source: Clive Maund (04/17/2024)

In light of Silver North Resources Ltd.'s 2024 drilling program, Technical Analyst Clive Maund takes another look at the company to explain why he believes the stock is an Immediate Strong Buy.

Jr. Files Technical Report for Flagship Project's Resource Estimate
Source: Streetwise Reports (04/16/2024)

Metallic Minerals Corp. announced it has filed the National Instrument 43-101 technical report for its inaugural mineral resource estimate for its 100%-owned flagship Keno silver project adjacent to Hecla's mining operations in the Yukon. Find out what the company has planned for the rest of the year.