| Silver prices hit new 6-year lows in London trade Monday, dropping to $13.65 per ounce and falling near 2009 lows against steadier gold prices as industrial commodities sank and Western stock markets fell again ahead of this week's decision on Dollar interest rates from the US Federal Reserve.
With gold bullion trading above $1070 per ounce mid-afternoon, the Gold/Silver Ratio of relative prices rose above 77.7 – a multi-decade high when seen during the oil price crash of the mid-1980s. "The aftermath [of the Fed's rate hike] has already begun," says a credit markets note from French investment and bullion bank Natixis...............................................Full Article: Source
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