Silver prices settle, but sales continue to soar
Consumers head to pawn shops, antique dealers, Tupperware-party-style events
By Martha C. White
msnbc.com contributor
updated 5/20/2011 7:32:03 AM
Ordinarily playing second fiddle to gold, silver came
into the spotlight when the price per ounce hit $25 in
late 2010 and continued to soar.
The great silver rush of 2011 is charging ahead, even though the price of the precious metal has dropped from record highs.
Last month, silver prices skyrocketed to an all-time high of $48 an ounce, causing many Americans to rifle through their jewelry boxes, attics and drawers for old necklaces and other silver trinkets.
Silver is now trading at about $35 an ounce, but with gas and food prices soaring, people still are looking to raise some money by unloading their shiny objects.
Full article: http://www.msnbc.msn.com/id/43082610/ns/business-personal_finance/
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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