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Commodities Briefing - Categorized | Bullion/Gold, Market Moves, Price Watch more

Silver – why so volatile?

Posted on 30 May 2011

Silver is the volatile precious metal. For example, a few weeks before the collapse of Lehman Brothers in September 2008, it took 51 ounces of silver to buy one ounce of gold. At the height of the market turmoil one month later, it took 84 ounces of silver to buy that same ounce. What makes silver so volatile?
The demand for silver is ”elastic” – to put it into economic terms – while the demand for gold is ”inelastic”……………………………………….Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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