Silver prices to surpass $20 soon: GFMS | 20 November 2009 | www …

Nov 20, 2009   //   by Admin   //   Scrap Gold Prices  //  Comments Off

Scrap supply is expected to fall by almost 4% this year, due to an ongoing reduction in the amount of silver recovered from photographic waste, the main source of recycled metal. … Silver has benefited in several important jewellery markets from substitution at gold’s expense. However, the weak economy and high silver prices have also restrained growth in demand. Moreover, some of the rise in fabrication reflects an increase in trade stocks in India, where surging local …

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