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Silver extends yesterday’s retreat as investors await more data. The silver futures contract lost 1.81% on Wednesday, May 22, as it pulled back from its Monday’s new long-term high of $32.75. On Monday, silver rallied by 3.7% and reached a new high, extending advances after breaking above the $30 level. It was gaining on rising gold and stock prices, ...
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The rally in the prices of gold and silver this year highlights the opportunities to leverage the performance through exchange-traded funds investing in gold and silver mining companies. For investors and financial advisors bullish on the trend toward increased buying of precious metals by global central banks, the miner ETFs will provide enhanced ...