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The gold/silver ratio remains to float near its most affordable degree in a month as silver remains to play catch-up within the rare-earth elements markets.
On the sidelines of the Mines and Money Online Connect online mining meeting, Randy Smallwood, president and Chief Executive Officer of Wheaton Precious Metals, said that currently is silver's time to shine. It is just an issue of time before the steel complies with in gold's steps and hit document highs above $50 an ounce, he included.
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Silver’s fundamentals are stronger than gold – Randy Smallwood
The gold/silver ratio continues to hover near its lowest level in a month as silver continues to play catch-up within the precious metals markets.
On the sidelines of the Mines and Money Online Connect virtual mining conference, Randy Smallwood, president and CEO of Wheaton Precious Metals, said that now is silver's time to shine. It is only a matter of time before the metal follows in gold's footsteps and hit record highs above $50 an ounce, he added.
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