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Silver prices dip as US dollar rises against euro (AP via Yahoo! Finance) Silver prices retreated on Monday, giving up some of last week's gains as the U.S. dollar edged higher against the euro and the pound. Repair work lowers water pressure in Silver Lake (Akron Beacon Journal) Residents of Silver Lake are urged to keep water usage to a minimum as workers repair the village's water stand pipe. Final Glance: Silver companies (INO News) Hecla Mining fell $.14 or 2.0 percent, to $7.00. Pan American Silver fell $.04 or .2 percent, to $25.94. Silver Challenger Newell Coming to Denver (The New York Observer) Sheldon Silver will get another chance to remember Paul Newell when the challenger arrives in Denver. Newell, a community organizer, is also an elected Obama delegate, but has been missing from the convention events so far. I called to inquire and he replied via text message (so fancy!), saying he?ll be here tomorrow. Silver is also facing challenger Luke Henry, an attorney, in the ... Washington Property Company starts Silver Spring project (BizJournals) Washington Property Company started demolition for a mixed-use project located in the Ripley District of downtown Silver Spring. Fine silver quotations Monday: $14.63 ounce (Canadian Business) The Canadian Press August 25, 2008 - 12:47 a.m. TORONTO - Handy and Harman fine silver quotations in Canadian dollars: Monday $14.63 oz., $470.35 kg.; Friday $14.628 oz., $470.35 kg. Cookson to produce, distribute Argentium Silver (National Jeweler) Haslemere, United Kingdom?Argentium International, a new company established to promote the benefits of Argenium Silver, has announced a partnership with Cook Precious Metals, which will produce and distribute the silver product worldwide. Gold Falls on Speculation Rally Was Overdone; Silver Declines (Bloomberg.com) Aug. 25 (Bloomberg) -- Gold fell on speculation that last week's 5.2 percent rally was overdone. Silver declined. Last week's gain, the most since July 2006, followed a five-week slide. Gold Seeker Closing Report: Gold and Silver Fall Almost 1% (GoldSeek.com) Gold briefly spiked lower to $815.85 at the New York open before it quickly rallied back near unchanged to as high as $825.85, but it then meandered lower into the close and ended with a loss of 0.76%. Silver dropped to $13.21 by late trade in Asia before it rallied to find a slight gain at $13.56 in New York , but it also fell back off into the close and ended with a loss of 1%. Silver prices dip as US dollar rises against euro (INO News) (AP:NEW YORK) Silver prices retreated on Monday, giving up some of last week's gains as the U.S. dollar edged higher against the euro and the pound. Commodities, particularly precious metals, are often used by investors as a hedge against inflation and a weakening dollar. |
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