Thursday, October 1, 2009

Silver | Precious Metal Driving Prices

Silver Prices going up

With silver being valuable as a precious metal and industrial metal, it is important to know what is driving prices at any one time and invest accordingly.

Now that inflation fears are as high as ever, the precious metal side of the equation has been driving silver prices up, and that shouldn't abate any time soon.

This of course doesn't mean supply and demand of silver for industrial uses won't be an ongoing factor in silver prices, just that it's not the primary driver at this time, but will continue to be over the long term.

Silver Prices going up