This indicator says silver is undervalued. Why it hasn’t caught up to gold — yet.
Gold’s record run has left silver behind, and although the white metal hasn’t played catch-up as quickly as many investors had expected, the price ratio between the two metals has held firm near historical highs, and silver faces a global deficit for fifth straight year. That suggests silver is still undervalued.
Gold’s record run has left silver behind, and although the white metal hasn’t played catch-up as quickly as many investors had expected, the price ratio between the two metals has held firm near historical highs, and silver faces a global deficit for fifth straight year. That suggests silver is still undervalued.
