While gold saw something of a pick-up from its July lows, silver has lagged behind, belying its reputation for acting like gold on steroids. The gold:silver ratio – which many silver investors follow closely - has thus been getting close to the 80 mark, and hit the highest level for seven years on August 26th. Many will consider this way too high and will be betting on it coming back down, but at the moment sentiment seems to be against this and it may well continue to stay in the 70s for the foreseeable future according to analysts…..
This is my latest post on the Sharps Pixley website - to view full article click on Source
One thought on “Silver hugely underperforming gold despite “astonishing” Indian demand”