Monday, December 28th 11:50 AM

The average daily Engelhard silver price for October was $15.77 per troy ounce, which was 7% more than that of September and 8% less than that of October 2014...Continue

US Silver production declines in Sep: USGS

  • Based on unrounded data, the average daily silver production in September was 2,753 kg compared with 3,010 kg in August and 3,240 kg for full-year 2014.

US Mint's American Eagle Silver Bullion coin sales hit new record

  • In 2015, sales of the coins reached 47,000,000 ounces, higher than the 44,006,000 ounces sold last year and the 42,675,000 ounces sold in 2013.

IBJA to launch World Silver Council in January

  • The new body, World Silver Council, will have representation from the domestic and global silver miners, refiners, traders and users, said a senior official with IBJA.

US Mint American Eagle coin sales surge in November

  • Strong demand came as spot gold prices fell around 7% to the lowest in nearly six years. This was the gold market's biggest monthly drop in 2-1/2 years as traders and investors widely anticipated that the U.S. Federal Reserve will raise interest rates at its next meeting in mid-December.

Turkish Silver imports hit record high in 2015

  • The country imported 256.52 tons of silver in the first ten months of the year as against 227.36 tons for the full year 2014.

Peru Gold, Silver export revenue drop in September

  • Revenue from the export of gold dropped by 12.4% to $531 million in September as prices declined 9.2% to $1,125/oz from $1,239/oz.

US Gold, Silver production decline in Aug: USGS

  • Based on unrounded data, the average daily silver production in August was 3,020 kg compared with 2,930 kg in July and 3,240 kg for full-year 2014. Domestic silver production in the first 8 months of 2015 was 3% less than that of the same period in 2014.

Mexico Silver output rises 16.9% Y/Y in Aug: INEGI

  • Production of gold also advanced during the month to 9,807 kilograms, up 25.1% as against the production of 7838 kilograms a year earlier, according to INEGI data.

Metals Focus remains bullish on Silver jewellery demand

  • Metals Focus said that it remains optimistic about global silver jewellery demand in 2015. A key reason for this has been the shift in favor of branded and private-label silver jewelry in recent years, at the expense of plated silver pieces.
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