Commodity Trade Mantra

Posts Tagged ‘Price of Silver and Copper’

Is a $13 or $15 Handle, The Next Level for Silver?

The fundamental price of gold is about $150 over the market price, in other words, at about a 12.2% discount. Silver is trading below its fundamental price also, but only at a 4.2% discount. If it were to go to its full fundamental value, and assuming that doesn’t change, it would be up near $15. If it follows gold, at a discount of 12.2%, silver prices would be down near $13.

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