Silver Price to Remain High on Investor Interest

Source:

The Fortis/VM Group said in its debut Silver Book publication the silver price has recovered and is following an "upward trajectory" as the silver investor has returned.

The silver price is likely to remain in the $10-15/ounce range, despite the fact that the market remains in surplus.

The Fortis/VM Group said in its debut Silver Book publication the silver price has recovered and is following an "upward trajectory" as the silver investor has returned.

Although the silver market continues to be prone to surplus due to levels of aboveground stock, the investor could have absorbed the surplus and demanded even more of the metal - sparking the rise in price.

"We believe the silver price is likely to remain high, while the investment boom in commodities remains intact," said the publication.

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