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Investment demand to push silver to over $50/oz by late 2012

Mining Weekly | November 17, 2011 | 11:36 pm Precious Metals Europe Silver 

Silver prices were expected to exceed $50/oz by the end of 2012, Thomson Reuters GFMS reported in its interim silver market review on Thursday.

Silver prices so far this year have averaged $35.70, a rise of 88% year-on-year.

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