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Silver Prices Are Surging Even Faster Than Gold
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DNyuz
The price of gold has nearly doubled over the past year, rising above $5,000 an ounce in recent sessions.
“Silver is behaving like ‘gold squared’ or ‘gold on steroids’,” Citi analysts wrote in a note Tuesday.
They recently raised their silver price forecast to $150 an ounce in the next three months.
That reliance means that volatility in silver prices can reverberate across the economy.
The post Silver Prices Are Surging Even Faster Than Gold appeared first on New York Times.