Report: Silver prices surge in '07
CPM Group announces the release of its annual Silver Yearbook, a report on 2007 silver-market trends and projections for the coming year in the silver industry. Like its companion metal gold, silver prices surged in 2007, reaching highs not witnessed in the industry since 1981. According to the report, silver reached a high of $20.785 an ounce on March 5, fueled by demand from investors looking to buy metals as a hedge against political and economic uncertainties.
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