Silver set for big gains – trader ...News

Russia Today - Economy
Silver set for big gains – trader
source : Russia Today ( News ) () 88
Prices could go on a strong run amid growing global demand and tight supply, a dealer forecasts Silver still has significant upside and is a bargain at current prices even as it has joined in the recent gold price rally, according to a report by precious metals dealer SchiffGold this week. Silver was trading at over $23 per ounce on Friday, having finished November 11% higher than the previous month. The price of gold was at around $2,020 per ounce. According to the report, silver looks significantly underpriced based on its historical relationship with gold and given supply-demand dynamics. The silver-gold ratio

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