Tag: price of silver

Silver Price.

Silver Update

Silver Update

Silver fell by $0.19 cents or 1.3% to close at $14.79 as of the final trade on the New York COMEX on Friday afternoon. Amidst gold’s 0.5% gain, the gold to silver ratio rose by 1.8% to 87.0 ounces of silver required to purchase one ounce of gold by the […]

Silver Price Update

Silver Price Update

Six weeks ago we highlighted the important confluence of resistance that the silver price was challenging (https://bullionexchanges.com/blog/2019/01/14/silver-can-it-break-resistance). Let us update this analysis: has silver proven itself ready to shine? First the stats: for the week in sum, the silver price rose $0.17 cents or 1.1% to close at $15.91. As […]