Silver to Dip in Next 12 Months, Following Gold: Goldman Sachs

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.

To view the whole Financial Post report, click here.