View full page at metalsmine.com

 

A tale of two metals: why is Silver's nature changing?

From acysecurities.com

Historically Gold and silver have moved in similar patterns to one another with moves often echoing the other. Recently we have seen a surge in gold prices with prices as high as $1689 per ounce being achieved, however this has translated to silver this time and some may have been scratching their heads as to why. In the chart below we can see the historical prices of gold and silver and their confluence of movement, they mimic each other frequently. We often see silver outperform gold in moves due to having a more volatile nature, now we are seeing a disproportionate gap between the two precious metals. Gold has ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis