Commodity Trade Mantra

Posts Tagged ‘Demand from Gold’

Are Gold and Silver still Trending up or Vulnerable to some Profit-Taking Yet?

Before you rush to buy into gold-backed ETFs, it’s wise to note that there are signs of profit-taking in gold. Gold and silver tend to move together. Investors monitor the gold-to-silver ratio to assess how expensive or cheap silver is, relative to gold, currently seen at around 70 – near the upper end of the range between 45 and 80. This tells us that silver is still cheap compared to gold.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook