08.10.2008, 09:58 2910

World market prices of silver decreased

After increase of prices for silver in the second half of September in the world market prices of this metal during the last days decreased. The average price of cash silver on the London fixing at last tenders has decreased.

Almaty. October 8. Kazakhstan Today - After increase of prices for silver in the second half of September in the world market prices of this metal during the last days decreased. The average price of silver on the London fixing at last tenders has decreased.

Decrease of prices for silver has occurred on the background of strengthening of dollar in relation to euro that has reduced investment appeal of this metal.

Decrease of prices for silver for the last days when the prices for gold have sharply grown, seems rather strange, therefore the Commission on Trade in Commodity Futures of the USA has officially declared the beginning of investigation of possible frauds in the market of silver.

However, in the opinion of experts, prospects of silver are favorable, therefore, many companies plan to increase its extraction.

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