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Silver price now up 21% for the year so far

Silver’s blazing trail this year continues and is now up over 21% in the month of january. Just like in gold the silver price is being led the way in terms of €s.

Silver €:

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Silver $:

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Silver £:

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As you can see from the above charts € silver is now back above its 200 daily moving average and a close at these levels will be silver’s best close since August in € terms.

For $ silver the 200 DMA is sitting just above $35 – a clear target for the bulls to go for.

 

Link to this article: : http://www.goldmadesimplenews.com/gold/silver-price-now-up-21-for-the-year-so-far-6079/

Posted by on Jan 31 2012. Filed under Analysis, Gold News, Markets, Silver News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

1 Comment for “Silver price now up 21% for the year so far”

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