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.
GSilver reports Q2 operating income of US$9.1M Guanajuato Silver ... READ MORE
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Legacy Gold Mines Ltd. (TSX-V: LEGY) is pleased to report assay r... READ MORE
0.77% CuEq* over 317m starting at surface; 0.48% CuEq* over 41... READ MORE
Highlights Assay results reported for 19 drill holes comprising... READ MORE