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.
PMET Resources Inc. (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce an upda... READ MORE
West Red Lake Gold Mines Ltd. (TSX-V: WRLG) (OTCQX: WRLGF) is pleased to announce the results of an ... READ MORE
Independence Gold Corp. (TSX-V: IGO) (OTCQB: IEGCF) (FSE: 625) is pleased to announce additional gol... READ MORE
Lodestar Metals Corp. (TSX-V: LSTR) (OTCQB: SVTNF) (FSE: PR90), an exploration company focused on go... READ MORE
Northmin Corporation (TSX-V: NMB) is pleased to announce additional assay results from three drill h... READ MORE