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.
Bunker Hill Mining Corp. (TSX-V:BNKR) (OTCQB:BHLL) announces that... READ MORE
NexGold Mining Corp. (TSX-V: NEXG) (OTCQX: NXGCF) is pleased to p... READ MORE
Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) is pleased ... READ MORE
Capitan Silver Corp. (TSX-V: CAPT) is pleased to report assay ... READ MORE
Highlight intercepts include 2.68 g/t gold over 32 metres, 22.10 ... READ MORE