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This is The Takeaway from today's ... and the two looming peaks in silver's history at about $50 per ounce could act as magnets for a breakout. Silver prices surged and shook the investing world ...
The price of silver has risen fairly steeply since September 2005, being initially around $7 per troy ounce, but reaching $14 per troy ounce for the first time by late April 2006, and the average price of the month was $12.61 per troy ounce.
With the world market price of silver having been in excess of $1.29 per troy ounce since 1960, silver began to flow out of the Treasury at an increasing rate. To slow the drain, President Kennedy ordered a halt to issuing $5 and $10 silver certificates in 1962.
The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986, and portrays the Goddess of Liberty in a design by Adolph A. Weinman that was originally used on the Walking Liberty half dollar from 1916 to 1947. The American Silver Eagle is struck only in ...
Silver for September delivery fell 9 cents to $28.39 per ounce, and September copper rose 2 cents to $4.10 per pound. The dollar fell to 146.50 Japanese yen from 149.58 yen. The euro rose to $1. ...
Silver for September delivery rose 67 cents to $27.61 per ounce, and September copper rose 1 cent to $3.96 per pound. The dollar rose to 147.23 Japanese yen from 146.86 yen. The euro fell to $1. ...
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