The precious
metals market has been hot in the past but silver has come strongly to
outperform gold since the 3rd Quarter of 2012.
Check Silver and Gold Prices
Like it
performed from July last year, silver outran gold by adding $0.262 to $32.409
while gold lost $6.50 to close at $1,686.30.
The Price of Gold hit $1,693.85 but
there is no explanation whatsoever as to why it dropped suddenly. Even though
the lowest it ever recorded was $1,626 on January 4th, the fall was
predicted from last year. So long as it doesn’t close below $1,663.97, gold is
performing well.
On the other
hand, the Price of Silver has
tremendously risen as the trend can be observed for the last 8 days. It hit the
$34.49 mark. And since the beginning of 2013, gold drops by a higher percentage
than silver. This trend
is expected to continue for some time. So if you’ve not rushed to get SLV then
this is the time. However, don’t ignore gold as well because its value will
rise unannounced!
For more
information, check Silver and Gold prices!
