Info Read More
Silver Bullion

Record Silver Demand | Opportunity to Increase Ounces Owned

Win 500 Silver Eagle Coins, enter here: Get our FREE SD Bullion Guide: SUBSCRIBE to Our Channel: The LBMA, or London Bullion Market Association held its annual conference this past week in Lisbon, Portugal. Over 700 attendees were present. Many have only traded precious metals derivatives in their careers, according to the LBMA’s Ruth Crowell years back. Many have never seen or touched a large good delivery gold bar throughout their professional lives. One of this week’s LBMA conference attendees, Nicky Shiels from Pamp Suisse, took to Twitter to give insights on what she saw and heard in Lisbon. Both gold and silver fiat US dollar-denominated spot prices rose on the week’s trading. The spot silver price cleared and settled near the $19.50 oz ask. The spot gold price increased slightly to close near the $1,660 oz ask price. The gold-silver ratio tumbled from 90 to close at 85 on the week. That is all for this week, as always, to you. Take great care of yourselves and those you love. Royalty-Free Music Provided by: & #SDBullion #SilverEagles #Bullion

Author Image

Leave a Reply

Your email address will not be published. Required fields are marked *