Silver was supposed to be the shining star of the precious metals market for 2018. Instead, it turned out to be the sector’s biggest disappointment.
However, despite the precious metals lackluster performance this past year, there is still some optimism in the marketplace that silver could see a reversal of fortunes and outperform next year, especially if gold prices turn around.
A potential turn around comes after silver dramatically underperformed gold prices, with the gold-silver ratio holding near a 25-year high. Kitco.com shows the ratio currently trading at 84.74 points. The historical average for the ratio is around 50.
The renewed optimism for silver comes as prices look to end the year down more than 13%. According to commodity analysts, the precious metal, which has significant industrial usage, was dragged down by weak base metals, in particular, copper which fell dramatically from a nearly four-year high in early June. https://www.kitco.com/news/2018-12-17/Second-Chances-Silver-To-Finally-Shine-In-2019.html
News 
Market Data 
Discover 
