| Gold closed on April 27 at an all-time high of $1,517.10 an ounce. But despite all the buzz about bullion recently, that represents an increase of only 6.8 per cent from the 2010 year-end price of $1,420.78.
Silver finished at $45.96 an ounce. That’s not an all-time high – silver hit US$55 an ounce in 1980 when the Hunt brothers tried to corner the market. But it’s a huge jump of 49.6 per cent from the price of $30.72 that prevailed as we entered this year. Gold may have the glamor but silver has the momentum right now..............................................Full Article: Source
|