Silver may outperform Gold this year
The stronger performance of silver over the past month has prompted the gold/silver ratio to revert towards its long-term average, albeit still trading 11% above it, said commodity economists at Capital Economics.
Peru's Gold, Silver production rise in Q1
The country's aggregate gold production during January to March period this year was recorded at 1.13 million tons, 5.34% higher than the production of 1.07 million tons in the corresponding period last year.
KGHM regains world's largest Silver producer title in 2014
In 2014, KGHM produced 1,256 tons of silver, which is 7% more than in the previous year. Thomson Reuters's analysts have recently compared results of all leading producers of this metal. In 2014, KGHM produced 1,256 tons of silver, which is 7% more than in the previous year.
US Silver production declines 11% m/m in January; Imports up by 25% m/m
United States silver production declined by 7% year-on-year to 89, 100 kilograms in January and also down 11% compare to December 2014 production of 99, 900 kilograms. However, United States total silver imports advanced to 566, 000 kilograms in January, an increase of 25.23% compare to December 2014 production of 452, 000 kilograms.