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 Silver Forecast Raised for 2012 says Pan American Metals of Miami- Silver Forecast Raised for 2012 says Pan American Metals of Miami
- December 02, 2011
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HSBC revises silver forecast for 2012 to $34.
MIAMI, FL - Silver benefited, along with gold, from the coordinated action by five major central banks, plus the Federal Reserve, on Wednesday. HSBC has since raised its forecast for the average silver price for 2012 to $34 an ounce, $2 higher than previously. A slight surplus is seen as capping silver prices but the revised forecast is based on consistent industrial demand and increased investment demand. Demand from the jewelry industry is also rising slightly as silver jewelry offers a more a...
- View more at: http://www.1888pressrelease.com/silver-forecast-raised-for-2012-says-pan-american-metals-of-pr-355232.html
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