Global X Silver Miners ETF

NYSEARCA: SIL
$42.29
+$0.55 (+1.3%)
Closing price October 30, 2020
Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in...
Source: ThinkstockWhile exchange traded funds (ETFs) have been dumping gold in the first two months of 2013, exactly the reverse is happening in the silver ETFs. Total silver holdings now amount to a...
Source: ThinkstockLast year marked the twelfth consecutive year for rising gold prices. But that could be the end of the yellow metals string. Since the beginning of the year, gold ETFs have sold 140...
Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in...
Source: ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price of gold...
Source: ThinkstockWhen Silver Wheaton Corp. (NYSE: SLW) reported third-quarter results yesterday, the silver miner noted that lower sales and lower prices hit both revenues and profits, down 13% and...
The move in silver has been amazing, but something else has been even more amazing. Silver miners have selectively moved in a manner much more than the metal itself. The move in the Global X Silver...
The announcement of QE3 is not bringing a “sell the news” reaction at all when it comes to the metals market. Gold is surging, but The Devil’s Metal of silver is significantly outperforming...
Quantitative easing is back on the table and back in traders’ pockets.  Forget about what Ben Bernanke said at Jackson Hole about vigilance.  This is after Mario Draghi’s bond buying news this...
Futures prices for gold, silver, and WTI crude are all lower today as the dollar gains strength against the euro. Oddly enough, the dollar index versus a basket of currencies is down this morning...
Silver is trying to make a breakout as spot silver has been trading between $28.00 and $28.20 most of yesterday and today.  Its chart is running into some resistance after having bottomed out at...
The ADP report on jobs managed to come in much better than expected.  This has somewhat dampened the hope that the FOMC will need to immediately begin new stimulus measures via the so-called QE3. ...
By now you have likely heard the term “The Devil’s Metal.”  When you see big price whips in silver, it generally means that there is something happening in commodity markets.  The situation...
With commodities on the retreat and with preliminary inflation running very low, you can imagine that the gold and silver markets are trading softer again.  Gold is down 1.3% at $1581.50 per ounce,...
Gold and silver have finally indicated that the free fall we saw over the last month may have at least stabilized.  The markets are mixed today in the commodities and the miners and we admit that no...