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Reuters. Written by Unknown. Dec. 3, 2010. View Original Article

“Dec 3 (Reuters) – Strong investment flows coupled with industry demand, will contribute to the strength of silver prices in 2011, Philip Klapwijk, chairman of metals consultancy GFMS told a conference on Friday.

The consultancy forecasts silver prices to average around $30 an ounce in 2011, peaking at $35, he said, while gold would peak at around $1,600 to $1,650 per ounce, and average $1,400.”