The Conversation (0)
Silver to Dip in Next 12 Months, Following Gold: Goldman Sachs
Jul. 25, 2013 08:11AM PST
Silver InvestingThe Financial Post reported that Goldman Sachs says that silver prices will retreat slightly from its current price of $20.20/toz to $19.60/toz over the next 12 months, tracking gold.
The Financial Post reported that Goldman Sachs says that silver prices will retreat slightly from its current price of $20.20/toz to $19.60/toz over the next 12 months, tracking gold.
As quoted in the market report:
Over the long run, silver prices tend to track gold prices. Thus, our silver forecast reflects the historical ratio to gold.