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.
Goliath Resources Limited (TSX-V: GOT) (OTCQX: GOTRF) (FSE: B4IF) is pleased to report assay result... READ MORE
Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) a North American prod... READ MORE
Cartier Resources Inc. (TSX-V: ECR) (FSE: 6CA) (OTCQB: ECRFF) is pleased to announce the results of... READ MORE
Oreterra Metals Corp. (TSX-V: OTMC) (OTCQB: OTMCF) (FSE: D4R0) (WKN: A421RQ) is pleased to report t... READ MORE
NevGold Corp. (TSX-V:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce additional oxide-gol... READ MORE