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.
Aben Gold Corp. (TSX-V: ABM) (OTCID: ABNAF) (Frankfurt: ML1) announce... READ MORE
Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) is pl... READ MORE
Southern Silver Exploration Corp. (TSX-V: SSV) reports that crews... READ MORE
Amex Exploration Inc. (TSX-V: AMX) (FSE: MX0) (OTCQX: AMXEF) is p... READ MORE
Mercado Minerals Ltd. (CSE: MERC) (OTCQB: MRMNF) announces furthe... READ MORE