We will consider a few facts about this precious metal i.e. Silver which was in a true mania in 2011 and we see it gaining more than 10% in coming year ahead i.e. in year 2012. A decent return in times of global recession and inflationary pressures.
Please consider below facts about silver prices:
- It started the year around $30.85. It reached its high in the last week of April at $49.82. It will close out the year around $29 an ounce — pretty much where it started.
- With all the gains pretty much erased for 2011, I believe silver will attract precious metals investors in 2012.
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