Silver’s 2011 Annual Average Price Posts All-Time Record at $35.12

Silver posted an annual average price of $35.12 in 2011, more than double the $14.67 annual average price achieved in 2009.  This offers further testament to investors’ enthusiasm for the metal as silver World Investment (including implied net investment, silver bars and coins & medals) produced another historic high total last year of 282.2 million ounces (Moz), the equivalent of approximately $10 billion on a net basis, itself a record high.   LINK...