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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.
In 2013 the average price paid per ounce of pure silver was $4.12 up from $4.06, $3.99, $3.97 in 2012, 2011, 2010. Penasquito (one of the largest silver deposits in the world, Silver Wheaton's 25% interest would rank in the top 25 silver mines in the world) will give the company an average of 7 million ounces annually for 22 years (begins early ...
Interest in silver mining has increased in recent years because of an increased price for the metal: the average silver price increased from $4.39 per troy ounce for the year 2001, to $13.45 per troy ounce for 2007. In 2011, silver prices rose to almost $49 per troy ounce in April before dropping to around $34 per troy ounce in late June.
Each of the ways to invest in silver comes with its own risks and rewards. 1. Coins or bullion. Owning physical silver, either as coins or bullion, is a psychologically and emotionally satisfying ...
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.
Silver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend. ... The price of silver is rallying as the online trading movement ...
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