SILVER

Silver tumbled before finding a footing on Tuesday, dragging prices of gold and oil with it and subduing European shares, although investors were wary of taking strong positions ahead of a U.S. Federal Reserve policy meeting.

Silver prices trimmed a fall on Tuesday that had ended the precious metal's surge to a record high, as option traders sold back metal to cover risks ahead of options expiry later in the day.

Silver prices fell nearly five percent on Tuesday, snapping a rally in previous sessions that had carried them close to a record high, as option traders sold back metal to cover risks ahead of options expiry later in the day.

Silver surged as much as 8 percent on Monday before pulling back sharply when a failure to pierce the all time high from 1980 unleashed a wave of technical selling amid record volume in U.S. futures.

Oil prices fell on Monday after U.S. crude hit its highest level since September 2008, as investors took profits on a sell off in silver from near record highs.

Gold and silver continue to defy expectation and climb higher by the day.

The Libyan conflict is heading for stalemate, the top U.S. military officer said on Friday, and Senator John McCain urged the United States to recognize the rebels and transfer frozen Libyan funds to them.

Gold Bullion jumped above $1500 per ounce in London on Wednesday, setting new Dollar and Sterling highs but falling sharply against the Euro as the single currency rose to its highest level since 2009.

Gold prices soared above $1,500 an ounce on Wednesday, setting a new all-time record, even as the precious metal sustained a superb run banking on its value as the preferred safe haven investment in uncertain times.

Spot gold prices breached $1,500 for the first time and silver hit a 31-year high on Wednesday, supported by a weak dollar and concerns over a sovereign debt crisis in the euro zone.

The CURRENT SURGE in silver prices worldwide might seem dramatic, but it's more measured - so far, at least - than the true silver bubble that went Bang! in Jan. 1980. Even so, you might as well call this a record price.

[Selling silver short] natural with these giddy prices, one London trader told the Platts news service on Monday. Speculators are going to have to take profits soon. Shorts have been burned in the run-up, but keep coming back for more, he said, forecasting a $10 drop in the Silver Price short term.

Standard and Poor’s Rating Service cut its outlook on the US Government’s long-term debt to negative this morning and the implications are quite resounding.

Spot Gold jumped to a new all-time high of $1489 per ounce in Asian trade Monday, edging lower as the Dollar rose on the currency market and global equities began the Easter-shortened week with a 0.5% drop.

Charlie Chaplin not only proved that camera is the language of silent cinema but also gave cinema the beautiful art of mime.

With the Ayn Rand's classic book 'Atlas Shrugged' finally hitting the silver screen on April 15, the anticipation seems to have peaked. Here are the videos of the movie trailers and teasers.

The signature blue beach house featured in the now classic Beverly Hills, 90210 which was inhabited by Jennie Garth and Tori Spelling, is for sale for approximately $9 million, according to a report by People.com

Prices to Buy Silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.

The interbank silver market [in Asia] is dysfunctional says one Hong Kong dealer's note. Liquidity is getting worse while the price action is getting more exaggerated as a result.

Wholesale Gold Bars slipped to a 3-session low in London trade on Tuesday, finally bouncing higher from $1455 per ounce - some 1.5% below yesterday's new Dollar high - as world stock markets fell and major-economy government bonds rose.

Gold and [platinum-group metals] were irrelevant, according to one Asian dealer, as The silver market went nuts, with swift buying pushing spot silver prices to a fresh 31-year high above $42 per ounce.