Silver set to outpace Gold again once 40 barrier clears | Metals Mine

  • Silver set to outpace Gold again once 40 barrier clears

    From actionforex.com

    Silver’s uptrend reignited last week, riding alongside Gold’s surge and now threatening to eclipse it in strength. The metal is pressing against 40 psychological level, its highest in over a decade, with markets sensing that Fed policy easing this month could provide an extra push. Historically, Silver often lags Gold at the start of a rally but outperforms once momentum builds, and the current advance could also fit that pattern. That precedent is clear. During the 1970s bull market, Gold’s gain of roughly 2,200% was extraordinary, but silver’s surge of more than 3,000% was even more dramatic. In the ... (full story)

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