Silver’s price have taken the spotlight today, with the metal hitting over $31 per ounce, marking its highest closing price in over a decade. Silver futures have surged more than 6%, driving the price to around $31 an ounce.
Silver has had a strong year so far, with the metal up 30% year-to-date (YTD). However, it remains historically inexpensive compared to gold. According to Seeking Alpha, it currently takes about 80 ounces of silver to buy one ounce of gold, significantly higher than the 20-year average ratio of 68:1.
Delta Resources Limited (TSX-V:DLTA) (OTC Pink: DTARF) (FRANKFURT:6GO1) is pleased t... READ MORE
Chibougamau Independent Mines Inc. (TSX-V: CBG) (Frankfurt: CLL1) (OTC: CMAUF), herein called Chibou... READ MORE
OR Royalties Inc. (TSX: OR) (NYSE: OR) is pleased to announce that it has acquired an additional 1.0... READ MORE
Silver One Resources Inc. (TSX-V: SVE) (OTCQX: SLVRF) (FSE: BRK1) is pleased to announce that... READ MORE
Gold X2 Mining Inc. (TSX-V: AUXX) (OTCQB: GSHRF) (FWB: DF8), is pleased to announce the fourth and f... READ MORE