silver prices per ounce
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VERSAILLE- GORHAM STERLING COCKTAIL FORK $37.99 |
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Sterling Gorham Maryland Large Cold Meat Fork $80.00 |
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Virgo Sterling Souvenir Spoon by Gorham-Mono “EMD” on Back-Heavy–10399 $89.99 |
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Gorham silver relish divided dish Y544 nice piece! $85.50 |
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Antique Gorham Sterling Silver Mixed Metal Card Case w Chain ~ Hammered Finish $1,350.00 |
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STERLING SILVER spoon ring PALM by GORHAM $25.99 |
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STERLING SILVER spoon ring VERSAILLES by GORHAM (RARE NOT MANY) $79.99 |
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Gorham Sterling English Gadroon Sugar Shell $32.00 |
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PORTSMOUTH BY GORHAM MONO “N” PICKLE FORK-STERLING = K921 $39.99 |
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GORHAM “POPPY” STERLING HANDLE BOLSTER KNIFE~1894 $40.00 |
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VTG Vintage – Gorham Chantilly Silverplate Chafing Dish YC444 $75.00 |
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GORHAM 1904 NORFOLK STERLING SILVER UNUSUAL SMALL PLACE OR SERVING FORK MONO S $22.00 |
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EARLY Gorham VERSAILLES Sterling VEGETABLE FORK, COPYR. $395.00 |
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Sterling Silver Sugar Spoon-Gorham, Unknown Pattern $72.00 |
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Antique Gorham Sterling Silver Sugar Shell Spoon Buttercup $25.49 |
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GORHAM STERLING SILVER ICED TEA SPOONS CAMILLIA 8 SPOONS $320.00 |
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GORHAM EDGEWORTH STERLING SILVER BUTTER KNIFE & LEMON FORK $50.00 |
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Sterling Silver Long handled Olive Spoon Gorham $55.00 |
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4 OLD Gorham PARIS Sterling Silver CITRUS SPOONS $295.00 |
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GORHAM CHANTILLY 27″ LRG WAITER TRAY YC1397 $249.99 |
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Gorham Sterling Short Handle Pickle/Olive Fork 1958 Sea Rose Pattern 5-5/8″ $53.95 |
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GORHAM ANTIQUE “NIGHTINGALE” STERLING SILVER LARGE SERVING SPOONS REDUCED $275.00 |
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4 OLD Gorham CLUNY Sterling Silver DEMITASSE SPOONS $195.00 |
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GORHAM STERLING SILVER CANDELABRA CANDLESTICK HOLDER 926 GRAMS SCRAP ? $229.00 |
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Gorham Buttercup Sterling Silver Luncheon Knife $19.99 |
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Gorham Buttercup Sterling Silver Teaspoon Old LAG Marks $19.99 |
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Gorham Buttercup Sterling Silver Place Fork Old LAG Marks $39.99 |
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GORHAM ST. CLOUD STERLING SILVER SALT SPOON ~A $82.99 |
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Antique 1897 Gorham LANCASTER Sterling Silver Master Butter Knife Monogrammed $50.00 |
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4 Antique Gorham Madam Jumel Sterling Silver Handled Dinner Knives1909 Monogram $100.00 |
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Elegant Gorham Sterling Repousse’ Hair Brush and Matching Sterling Backed Comb $195.00 |
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GORHAM GREENBRIER STERLING SILVER SALT SPOON ~A $20.52 |
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LOT OF 2 GORHAM CHANTILLY STERLING SILVER SALT SPOONS ~A $33.00 |
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SET OF 2 .925 STERLING SILVER WEIGHTED GORHAM TRIPLE CANDELABRAS – 1048 GRAMS $142.50 |
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Antique Gorham Madam Jumel Sterling Silver Handled Dinner Knives1909 Monogram $25.00 |
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Gorham Sterling 1995 SNOWFLAKE ORNAMENT $95.00 |
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Gorham Sterling Silver Cold Meat Fork and Serving Spoon CHANTILLY $225.00 |
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Gorham Chantilly Sterling Silver Serving Spoon 8 1/2″, No Monogram. Old Mark $79.99 |
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CERES/WHEAT II-STEGOR GORHAM FLAT SERVER-SILVERPLATE = K1035 $22.99 |
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LA SCALA- GORHAM STERLING GRAVY LADLE $189.99 |
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Gorham Etruscan Sterling Silver Medium Cold Meat Fork $99.99 |
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Gorham Chantilly Sterling Silver Serving Spoon 8 1/2″, No Monogram, Old Marks $79.99 |
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SET OF 2 GENUINE .925 STERLING SILVER PEPPER SALT SHAKERS – GORHAM? – 15.9 GRAMS $9.59 |
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MYTHOLOGIQUE BY GORHAM STERLING FRUIT KNIFE 7 1/4″ HHWS $129.00 |
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MYTHOLOGIQUE BY GORHAM STERLING ICE CREAM FORK 5 3/8″ $129.00 |
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Melrose by Gorham Sterling Silver Flatware – 7 1/4″ Fork No Mono. B2A5 $119.95 |
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Melrose by Gorham Sterling Silver Flatware – Gravy Ladle 6 5/8″ No Monogram B2A3 $84.95 |
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Melrose by Gorham Sterling Silver Flatware – 6 7/8″ Fork No Mono. B2A1 $75.98 |
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Melrose by Gorham Sterling Silver Flatware – Cake/Pie Server 10.25″ No Mono. $57.98 |
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PLYMOUTH- GORHAM 4PC STERLING PLACE SETTING $218.99 |
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Gorham Sterling Silver Cake Servers in the Buttercup Pattern $25.00 |
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Antique Luxembourg by Gorham Grapefruit/Citrus Spoon Solid Sterling Silver $49.00 |
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GORHAM silver PURITAN sterling 3-Lite BRANCH CANDLE $199.95 |
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PLYMOUTH- GORHAM STERLING ICE TEA SPOON(S) $49.99 |
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Gorham Sterling Silver Baby Spoon in Chantilly Pattern $37.00 |
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Antique Sterling Silver Gorham Whiting Coffin Ended Teaspoons Madame Jumel (6) $180.00 |
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PAIR OF VINTAGE GORHAM STERLING SALT AND PEPPER SHAKERS $80.00 |
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ANTIQUE ART DECO GORHAM SILVERPLATE SALAD FORK ~SHEFFIELD PATTERN~ $6.95 |
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PLYMOUTH- GORHAM STERLING COLD MEAT FORK $109.99 |
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Gorham Sterling Silver Bon Bon Candy Heart Shaped Bowl Dish 5″ #966 $46.00 |
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Gorham Sea Rose Sterling Flatware Serving Set pick your peices 39.99 a piece $39.99 |
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Gorham Sterling Strasbourg Salt Spoon Pin Brooch EX $34.99 |
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CELESTE- GORHAM STERLING COLD MEAT FORK $109.99 |
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PLYMOUTH- GORHAM STERLING CHIPPED BEEF FORK $64.99 |
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PATRICIAN – GORHAM 4 STERLING ICE CREAM FORKS $259.99 |
Why Now is the Time to Invest in Silver
A lot of my friends are having kids right now. Over the weekend, we had some friends over for dinner. One of them brought his eight-year-old daughter. She loves animals, and was great with all our dogs and horses, but we ended the night exhausted! Explaining the rules, keeping a watchful eye over the bigger dogs, reminding her to use her inside voice… I’m still tired from the visit.
And I can’t begin to imagine how much harder it would be with two kids. Especially with the arguments, trying to decide who’s right and who needs a time-out.
The mainstream financial media is like a couple of eight-year-olds. We hear arguments from both sides — corporate earnings are beating records, but at the same time joblessness could jump to 10% again.
Which is it? And how do you plan an investment strategy against such bipolar predictions?
I believe theU.S.economy is at another tipping point. The recent market rallies are unsustainable, are similar to an extinction burst… You know, when a child is throwing a tantrum and he lets out one last big scream before he falls asleep.
But in case I’m wrong, wouldn’t it be nice to know of an investment that could make you profits if the market rises or falls?
Well, I’ve got one for you…
Invest in Silver
Silver is an interesting precious metal. It protects against inflation like gold. But silver also has a lot of industrial uses. That makes it like copper, which booms during economic recoveries.
One of the toughest aspects of gold is to find out if it’s trading more as a currency or a commodity. Is gold demand up because of concerns about the debt crisis? Or is gold up because of jewelry demand inIndiaandChina?
It’s an important question, but one that doesn’t apply in the same way to silver.
Silver straddles the metals industry. Certainly, gold and platinum have industrial uses, and we like both of these precious metals as investments right now. Consider this, though. About a quarter of all platinum consumption came from recycled platinum.
That’s not the case with silver, and that could mean increased demand during an economic recovery.
In fact, 487.4 million ounces of silver were used for industrial purposes in 2010. That’s well over four times the amount of silver used to make coins and medals. That’s also a gain of about 20% from 2009.
Not bad in a struggling economy.
With uses that span electrical circuits, water purification, photography and other industries, industrial silver demand makes up 66% of silver production.
But there’s another aspect of silver that should get your attention — silver investments.
World investment demand climbed 40% last year to more than 279 million ounces. And get this… Hedge funds and money managers increased their silver positions by 19% last week, according to the U.S. Commodity Futures Trading Commission… the third week of gains.
How High Could Silver Prices Go?
Bloomberg reports that silver could climb as high as $70 an ounce by next March… a jump of almost 75% from current prices.
Let’s take a look at a chart to see if this is a realistic forecast.
This is a chart of silver futures for September delivery. See that pop from late April? A huge move… but prices fell short of silver’s all-time high of $50.35 an ounce in January 1980.
Since January 2011, silver prices have climbed 26%. That’s not a bad gain; it beats gold’s gain of 12% handily. But that’s not near the pace silver would need to climb in order to meet a 75% gain by next March.
Is it possible? Yes. Between September 2010 and May 2011, silver prices climbed 140%.
But just as quickly, a huge chunk of that gain disappeared when silver prices dropped from $48 back below $35.
Realistically, silver prices may test that all-time high by Thanksgiving. At that point, smart investors should ruthlessly protect their gains.
That strong resistance silver shows around $50 an ounce will be tough to beat. Expect a drop in prices anywhere above $48.
For investors considering an exchange-traded fund like the iShares Silver Trust (SLV:NYSE), look to the price spike in late April to find your resistance point.
For investors looking at silver mining companies, be aware that mining costs, like fuel prices, impact profits. Keep an eye on operating margins as companies report earnings. Lower margins could mean lower earnings moving forward.
Written by Sara Nunnally for Taipan Publishing Group. Additional valuable content can be syndicated via our News RSS feed. Republish without charge. Required: Author attribution, links back to original content or www.taipanpublishinggroup.com.
About the Author
Sara is Co-Editor of Smart Investing Daily. As Senior Research Director and global correspondent, Sara Nunnally’s diverse resume includes studies in art history, computer science and financial research. She has appeared on news media such as Forbes on Fox, Fox News Live, and CNBC’s Squawk Box, as well as numerous radio shows around the country.
