Tags: silver | investing | metals

Silver to Remain in ‘Substantial Surplus’ This Year, GFMS Says

Sunday, 17 Oct 2010 11:40 AM

The silver market this year will remain in “substantial surplus” even as the metal is being “absorbed” by investors, GFMS Chairman Philip Klapwijk said in slides prepared for delivery at a Beijing conference Saturday.

Silver mine supply may gain by more than 400 tons in 2010 and silver sales by governments, while largely unpredictable, are expected to remain at low levels, said Klapwijk.

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The silver market this year will remain in substantial surplus even as the metal is being absorbed by investors, GFMS Chairman Philip Klapwijk said in slides prepared for delivery at a Beijing conference Saturday.Silver mine supply may gain by more than 400 tons in 2010...
silver,investing,metals
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2010-40-17
Sunday, 17 Oct 2010 11:40 AM
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