Why Is Silver so Sluggish?
Precious Metals Commentary (week ending 28th June 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?
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.