Silver Stocks – Weekly Wrap-up

Jun 30, 2012

Silver stock prices for the week of June 25 – 29, 2012. Hecla Mining (HL) → up $0.23 or 5.1% to $4.75. Pan American Silver (PAAS) → down $0.35 or 2.0% to $16.88. Silver Standard Resources (SSRI) → down $0.39 or 3.4% to $11.24. Silver Wheaton (SLW) → up $0.64 or 2.4% to $26.84.   This […]

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China Reduces Iranian Oil Imports

Jun 29, 2012

China and Singapore reduce their purchase of crude oil from Iran, the US said today. Had they failed to do so, they would have received sanctions from the US financial markets. Other major countries to significantly reduce their Iranian oil purchases were India, South Korea, Turkey, South Africa, Malaysia, Sri Lanka, and Taiwan. The European […]

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Gold and Oil Jump on EU Bailout Agreement

Jun 29, 2012

Gold and oil prices rose the most in a single day in 3 months. Gold’s 4.4% downtrend was due to investors selling gold to make up for losses in other markets as they fell. Oil prices rose as the world is adjusting to the European Union ban on Iranian oil coming into effect on July […]

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