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.
Panoro Minerals Ltd. (TSX-V: PML) (BVL: PML) (FSE: PZM) (OTCQB: POROF) announces that further to its... READ MORE
AbraSilver Resource Corp. (TSX: ABRA) (OTCQX: ABBRF) is pleased to announce the results of its Defin... READ MORE
Wesdome Gold Mines Ltd. (TSX: WDO) (OTCQX: WDOFF) today provides an update on its exploration drilli... READ MORE
Auro Metals Inc. (TSX-V: AURO) (OTC Pink: AURFF) is pleased to announce the assay results of the fir... READ MORE
Gelum Resources Ltd. (CSE: GMR) (OTCQB: GMRCF) reports that, pursuant to their news release dated ... READ MORE