Silver Performance Based on More than Just Supply and Demand

Mineweb reported an analysis of silver’s performance in relation to gold.

As quoted in the market news:

Silver has set a pattern of moving alongside gold as monetary metal too. Do not expect silver to be accepted as a monetary metal by monetary authorities for the foreseeable future, but this has not stopped retail demand from treating it as such. As the price of gold has moved up and away from the poorer investor, so they turned to silver to fulfill the same requirements of retaining value.

Click here to read the full Mineweb report.