Silver Institute predicts strengthening silver investment demand this year
March 9, 2012 - 6:40am The Silver Institute says,
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Sturdy investment demand has pushed the silver price up 20% in the first ten weeks of 2012, outperforming platinum, palladium and gold during the period.
In a news release issued Thursday, the institute said silver-based ETFs now account for 586 million ounces of silver, up from 576 million ounces at the end of 2011.
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Demand for physical silver bars is also strong. According to several precious metals dealers, silver bar sales continue to be brisk,
said the institute.
