14.04.2016 - HSBC Looks For Gold/Silver Ratio To Continue Narrowing
HSBC looks for the gold/silver ratio to narrow further, which would mean silver is outperforming. The ratio measures how many ounces of silver it takes to buy an ounce of gold. Comex May silver rose Tuesday even as June gold eased slightly, and silver has posted a smaller percentage decline so far Wednesday. “We believe that retail demand for coins and small bars and light institutional buying in the paper markets has boosted silver,” HSBC says in a late-Tuesday research note...............................................Full Article: Source
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