Lawrence Williams: “Silver outperforming gold as precious metals prices rise” – Mineweb

Posted on :Aug 13, 2013

By: Lawrence Williams

Mineweb

August 13, 2013

Weakness in the dollar, together with what appears to be a boost to Chinese industrial growth on the latest data, with a reduction in talk of Fed tapering has led to a mini-surge in the gold price, while silver has done even better living up to its tendency to outperform gold on the up.  For those who follow it, the gold:silver ratio has come back from around 65-66 to closer to 61 and if the silver price rise continues there could be scope for the ratio to fall further still.

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