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Silver To Gold

March 11, 2009 – Wise investors looking to diversify into precious metals have begun to compare silver to gold especially since both have very bullish projections for 2009 along with a historical tendency to profit and preserve well during times of economic crisis. Today both medals are increasing in value as bargain-hunting picked up again due to spot prices falling a bit in the last few days. It’s important that investors who are comparing silver to gold realize the potential of both markets along with the latest projections and speculation. Earlier today I was reading an article by CommodityOnline that spoke about the ratio between silver to gold and the spot prices that could be seen by the end of 2009. According to their experts, silver is expected to increase in value faster than gold due to being considered an undervalued metal that is in high demand and in short supply.

The recent spot prices of precious metals are bouncing back up today, and gold is currently trading at $906.90 per ounce, up $9.60 for the day and also up $11.90 for the month with a projected increase to $1500 per ounce by summertime. On the other hand, silver is currently trading at $12.71 per ounce, up $.14 for the day with a projected increase to $25 per ounce by summertime. Keep your eyes on the fluctuating spot prices along with any type of movement in the United States Dollar and equity markets, and remember to deal directly with a precious metal dealer that has a history of reputable assistance and competitive prices such as the Certified Gold Exchange.

Shannon King

Senior Staff Writer – GoldSilver.org

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