Wednesday, November 18th 10:28 AM

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...Continue

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.

Gold, Silver likely to get greatest benefit from weaker economic data

  • Deutsche Bank continues to expect precious metals to see the greatest benefit from weaker economic data, indicating a longer pause before FOMC members can credibly signal a first policy rate hike. We would also need to see market expectations gradually closing the gap with the Fed as a precondition, given the reluctance to trigger a potentially destabilizing surprise.

Silver Bullion coins on allocation at major national mints: Silver Institute

  • Due to strong demand, the U.S. Mint, the Royal Canadian Mint, Australia's Perth Mint, the Austrian Mint and the British Royal Mint have put their silver bullion coins on allocation, where the volume of distribution of coins is controlled due to bottlenecks in the manufacturing process.

DGCX to list India Silver Quanto, Mini WTI Futures on October 9

  • Dubai Gold & Commodities Exchange has announced the launch of an India Silver Quanto futures contract and a mini sized WTI futures contract. The contracts are set to be listed for trading on Friday, October 9, and will be cleared by the Dubai Commodities Clearing Corporation, a wholly owned subsidiary of DGCX.

US Silver production declines 14% Y/Y in July: USGS

  • Based on unrounded data, the average daily silver production in July was 2,920 kg compared with 3,020 kg in June and 3,240 kg for full year 2014.

Perth Mint's Silver sales hit record high in September

  • Sales of silver coins and minted bars jumped to 3,349,557 ounces in September from 707,656 ounces the previous month, an increase of 373%.
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