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Commoditites and Resources reports that silver continues to outperform gold.
Commoditites and Resources reports that silver continues to outperform gold.
The market news is quoted as saying:
After a brief recovery in January, Gold-to-silver ratio resumes the downtrend and has plunged to 45.17, the lowest level since 2006, yesterday. Look at the charts, both gold and silver appeared to have found a near-term bottom in late-January. However, the recovery in gold price has been modest when the rebound in silver has been much stronger. Investors are interested in the metal due to its dual safe-haven and industrial metal characteristics.
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