SILVER HITS A RECORD HIGH OF 58000 AT MCX:

YESTERDAY SILVER MCX HITS A RECORD HIGH OF 58000.

COMEX SILVER HITS ANOTHER RECORD HIGH OF 31 YRS OF $39.80.

LYBIA UNREST,INFLATION FEARS ,DOLLOR WEAKNESS ,STRONG CRUDE OIL PRICES ARE SOME OF THE IMPORTANT REASONS.

PRECIOUS METALS HAVE OUTPERFORMED CURRENCY AND EQUITY MARKETS THIS YEAR AND ANALYSTS ARE EXPECTING CONTINUATION OF SAME IN THIS YEAR ALSO.

GOLD ALSO MADE A RECORD HIGH OF $1458.30.ANALYSTS ARE EXPECTING TO BREACH IT $1500 MARK WITHIN FEW DAYS.

THOUGH SILVER HAVE OUTPERFORMED GOLD IN THIS YEAR INVESTORS ARE PREFERRING TO INVEST IN GOLD DUE TO LOW VOLATILITY NATURE.