Silver prices may be benefiting from undeclared but substantial buying by Russia’s central bank, according to journalist Tim Treadgold. “Silver is moving out of a long shadow cast by gold, its precious metal sister,” Treadgold wrote in a Forbes article on Tuesday evening, “with hints of a major new buyer, Russia’s central bank, starting to influence the silver price, which has risen to a 14-year high.” He noted that while official data is difficult to come by, the silver price has outperformed gold ever since Russia announced at the end of September that it plans to add silver to its State Reserve Fund for the first ... (full story)