Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 03, 2013 14:16:28

Silver lows in eight months

ColosseumSilver fell to an eight-month low on concerns that industrial consumption will not be strong enough to offset weakening demand from investors. Hedge funds reduced bets on silver prices rise by 98% since October last year. May contract price fell by 1.3% to 26,875 USD per ounce, the lowest since 25 June 2012. According to data collected by Bloomberg, the volume of futures contracts traded 74% above the average for the last hundred days. and # 160;

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