Silver

Parrilla joined on 8 August

Managed by Quilter Cheviot hire

Clive Burstow, manager of the Baring Global Mining fund, explains how a multi-year supply/demand imbalance is creating value opportunities for investors in precious metals

The gold spot price hit a 33-month low today after positive US economic data strengthened the case for a tapering of quantitative easing, further eroding demand for safe havens.

Nitesh Shah, research analyst at ETF Securities, says while the price of gold has dipped recently, other precious metals could provide investors with a good return as economic conditions improve.

The recent sell-off in gold and silver has led to fears precious metals may yet have further to fall, but some investors have backed them to provide a boost for portfolios later this year as they recover some lost ground.

President Obama began his first term in the White House on 4 November 2008 at the height of the credit crisis, vowing to rescue the financial system.

ALTERNATIVES

After a volatile few weeks for silver, Maria Merricks examines what the future holds for the precious metal.

Silver futures have recovered from the worst weekly drop since 1975, gaining 4.4% Monday to reach $37 an ounce.