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CNBC News reported on silver being undervalued when compared to gold.
CNBC News reported on silver being undervalued when compared to gold.
The market news is quoted as saying:
Historically, gold sells for about 30 times the price of silver. Since gold is currently selling at about 38 times, silver is undervalued by about 27 percent and should be closer to $47 an ounce instead of $37.
To read the full market news, click here.