Spot silver broke below $29 an ounce for the first time in nearly four months, and recovered slightly to $29. "Watch out for silver prices to go even lower," "With base metals under pressure, oil prices
falling and broad weakness in most markets, there is scope for silver to fall further especially given its volatility." The gold-silver ratio, used to measure how many ounces of silver is needed to buy an ounce of gold, rose to 54.85, its highest level since the middle of January.
falling and broad weakness in most markets, there is scope for silver to fall further especially given its volatility." The gold-silver ratio, used to measure how many ounces of silver is needed to buy an ounce of gold, rose to 54.85, its highest level since the middle of January.
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