Silver Prices May Not Gain On Gold Until Later In 2019

From kitco.com

Silver prices may well continue to underperform gold until near the end of the yearbefore silver starts to catch up, said the consultancy Metals Focus in a report Tuesday. Gold broke back above $1,300 an ounce during a rally in recent days, but silver has remained below $15. As a result, the gold-silver ratio has been above 90, a level not seen since early 1993, Metals Focus said. The ratio measures how many ounces of silver it takes to buy an ounce of gold, with a rising number meaning an underperformance by silver prices, and vice-versa. “To a large extent, this reflects a lack of investor belief in silver’s ... (full story)