Why Is Silver so Sluggish?

Precious Metals Commentary (week ending 28th JuneĀ 2019)

We have had a wild week at ABC Bullion with a big uptick in trading as gold broke through $1,400, with AUD gold reaching $2,063 before a not unreasonable consolidation back to $2,012. However, what is up with silver? It has only risen 12% since the metals bottomed in 2015 when gold is up a healthy 34%. This week, we focus on silver:

  • Why has it underperformed?
  • Will it catch up to gold?
  • What message is the gold:silver ratio sending?

Gold Silver Ratio June 2019

Read the full report by ABC Bullion's John Feeney and Bron SucheckiĀ here.