In Silver’s Slide, Another Sign of Global-Growth Worries - News Summed Up

In Silver’s Slide, Another Sign of Global-Growth Worries


The price of silver has fallen to its lowest level relative to gold in more than 26 years, a sign of slowing global growth to analysts who use the relationship between the two metals to gauge momentum in the global economy. As silver prices closed out a fourth consecutive monthly drop last week, the gold-to-silver ratio climbed to its highest point since March 1993, according to Dow Jones Market Data. A hybrid that functions as both a precious metal and an industrial commodity, silver has fallen nearly 6% this year and is...


Source: Wall Street Journal June 02, 2019 18:11 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */