Live Breaking News & Updates on China Silver Group Ltd
Stay updated with breaking news from China silver group ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
"It's Been Nuts": Silver Surges Most Since Lehman Bankruptcy; Hits 7-Year High Over $30 zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
MONEYWEB app instead? Silver spikes as retail investors swarm their biggest target yet ‘As we evaluate the markets, it is difficult to know where silverâs price and demand will go in the coming day and weeks,’ Lewis said By Bloomberg News 1 Feb 2021 09:31 Image: Nicky Loh Silver took center stage in the retail investor frenzy sweeping through markets, sending the metal to a five-month high and fueling a debate over the power of Reddit-inspired speculators to take on ever-bigger targets. Most-active futures jumped as much as 9.5% to $29.47 an ounce on the Comex, after a weekend buying binge that overwhelmed online sellers of silver coins and bars from the US to Australia. BlackRock Inc.âs iShares Silver Trust, the largest exchange-traded product tracking the metal, recorded an unprecedented $944 million net inflow on Friday. ....
Silver spikes past US$30 as retail investors swarm biggest target Eddie Spence and Jake Lloyd-Smith, Bloomberg News Silver soars on GameStop retail frenzy VIDEO SIGN OUT
Silver broke above US$30 an ounce as the precious metal took center stage in the retail investor frenzy sweeping through markets. Most-active futures jumped as much as 13 per cent to US$30.35 an ounce on the Comex, the highest in eight years. That followed a weekend buying binge that overwhelmed online sellers of silver coins and bars from the U.S. to Australia. BlackRock Inc.âs iShares Silver Trust, the largest exchange-traded product tracking the metal, recorded an unprecedented US$944 million net inflow on Friday. ....
Silver Sees Price Increase and Rise in Demand as Reddit Army Encourages Retail Investors Feb 1 2021 · 12:00 UTC | Updated Feb 1 2021 · 12:06 by Ibukun Ogundare · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Before silver’s buying stampede, the Reddit frenzy also fueled the rise in GameStop, Dogecoin, and others. On the 1st of February, the price of silver reached a five-month high amid the ongoing retail frenzy triggered by Reddit users. The iShares Silver Trust also recorded an unusual $944 million net inflow on the 30th of January. China Silver Group Ltd. surged 45% in Hong Kong, and Silver Mines Ltd in Australia climbed 49%. There are several posts and videos on Reddit suggesting that an increase in silver price would affect investors who have bets on silver falling. ....
Pan American Silver +16%, Wheaton Precious +12% European silver miners also soared on Monday led by Fresnillo, which rose as much as 17%, most since March; other exposed miners rise: Polymetal +6%, Hochschild Mining +17%. Elsewhere, China Silver Group Ltd. rose as much as 63% in Hong Kong, while Australia s Silver Mines Ltd. gained as much as 49%. Trying to pour cold water on the second biggest one-day move in silver this century - because let s face it, getting silver to move up by 10% is far more difficult than getting a low float, super squeezed stock like GME to soar by 1600% - Ipek Ozkardeskaya, Senior Analyst at Swissquote Bank said that ....