Global X Silver Miners ETF
NYSE ARCA: SIL
$31.01
+$0.66 (+2.2%)
Closing price April 23, 2024
They say there is an ETF for just about any investing strategy and just about any sector. Today, there are five new ETFs hitting the market from BlackRock, Inc. (NYSE: BLK) under its iShares ETF...
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Silver and gold miners just got some great news today after having lost so much luster in recent months. The FOMC has now telegraphed that it expects that interest rates will remain exceptionally...
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In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an...
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At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in...
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As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver has...
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Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning,...
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Since posting a high over $49.50 in late April, silver has been treading water at around $35/ounce. But there are several analysts who believe that the devil’s metal is looking good for another...
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As the politicians in America play chicken with our prized Triple-A debt rating and as Europe is succumbing to its PIIGS, gold has eclipsed $1600 per ounce and now it has helped to pull silver back...
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At the end of 2010, US ETFs held assets of $1.005 trillion. By the end of 2015 that number will more than double to $2.091 trillion. That’s a compound annual growth rate of 15.8%, which is...
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Since the beginning of this year, the price of gold has gained about 6%. Three large precious metals funds, however, are down between -5% and -10% during the same period. The mutual funds though are...
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The failure of the European Central Bank and the International Monetary Fund to reach an agreement on a second bailout package for Greece, combined with a variety of other poor economic news, has...
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Consulting firm Pricewaterhouse Coopers has released its annual review of the mining industry, claiming that “the financial results for the Top 40 [companies] were spectacular.” That’s pretty...
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Today’s commodities watch looks at a government-ordered suspension of mining concessions in Peru and the continuing worries over grain prices as US corn planting remains behind schedule and Russia...
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Today’s commodities watch focuses exclusively on silver, The Devil’s Metal. It appears that the gray metal may have hit a floor although the exact level of that floor is arguable. The price of...
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