It tends to track gold prices, but its low liquidity usually leads it to outperform the move in gold by around 1.5 times. Photo: Priyanka Parashar/MintLondon: Silver prices have leapt nearly 50% so far this year, reversing three years of losses, but history shows investors hoping to hop aboard the bandwagon should be wary. Central bank action to stimulate economies, so the argument goes, should further increase that consumption. Supply from silver mines is predicted to fall this year after successive record highs, while some improvement in industrial demand is expected. “Silver tends to move erratically — it’s been between $7 and $50 an ounce in the last 10 years,” Macquarie analyst Matthew Turner said.

Source: Mint July 13, 2016 16:18 UTC