Lower interest rates have prompted investors to return to the gold and silver sectors, this according to Keith Neumeyer, CEO of First Majestic.
ďThereís a view that interest rates and thatís fairly new phenomenon. Thatís only occurred in the last couple of quarters as you know, so all of a sudden, thatís brought in a lot of really new buyers, a lot of big buyers into the gold sector and thatís of course, moving into the silver sector as well,Ē Neumeyer told Kitco News on the sidelines of the Silver & Gold Summit in San Francisco.