Silver was one of the most important commodity that I traded in my company.
When I resigned from my job in August, silver price was about $12/toz.
It was just $5/toz in 2002 when I traded first.
But it is around $14/toz now.
If you want to invest to precious metal like silver and gold, I'll advise to you.
The price of Gold and Silver (including Platinum, Palladium) is dramatically incresed from 2002 and 2003.
Precious metal is mostly traded at LBMA(The London Bullion Market Association,http://www.lbma.org.uk/) in UK. The price announced in LBMA is very important as trading with international country and internal trading.
LBMA is similar to LMA(http://www.lme.co.uk ), CBOT(http://www.cbot.com/ ) and NYMEX(http://www.nymex.com). But the species of commodity and to be decided the price is much different.
If I had much time, I might explain to you.
Please visit above sites.
Wednesday, 6 December 2006
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