SILVER READY TO CATCH UP WITH 32 YEARS OF PRICE SUPPRESSION AND BREAK THE $50 ALL-TIME HIGH OF 1980
DECEMBER 16, 2012
ArabianMoney’s Peter Cooper goes down to the Sharjah Gold Souk with Sandra Mergulhao from MyDubaiMyCity to investigate the silver market and finds traders forecasting a 30 per cent price hike for 2013 after a disappointing 15 per cent over the past 12 months.
Is this the year silver will catch up with 32 years of price suppression and finally break through its 1980 all-time high of $50 an ounce? No other commodity trades for less than it did three decades ago.