Gold Investing
Peter Goodburn: Silver "Very Undervalued" vs. Gold — Price Targets and What's Next
By Charlotte McLeodMay 21, 2025 05:00PM
Charlotte McLeod
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
Peter Goodburn of WaveTrack International sees silver as "very undervalued" compared to gold, and said the white metal could easily reach US$70.
WaveTrack International founder Peter Goodburn discusses his outlook for gold and silver.
"It's going to be very difficult to really double your money in gold at these price levels — even after a correction, I think it will be difficult ... (but) I think US$70 (per ounce) is a very easy proposition for silver based on the gold-silver ratio," he said.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.