COMMODITIESAugust 22,
Silver Regains Its Feet After a Buffeting
Article
Silver's fortunes may be picking up.
After months of heavy selling, the price of silver is finding its feet, a reflection of improving demand for the metal from both the industrial and investment sectors, say market watchers.
Silver prices settled at $23.03 a troy ounce on the spot market Thursday, up 26% from the nearly three-year low silver hit during a broad rout in commodities markets in late June. Gold, by comparison, has recouped 16.5% of its June slide.
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