Is Silver a Buy, Sell or Hold?
[mepr-show rules=”99153″ unauth=”message”]Silver Price
Provider: Silver
Verdict: Often known as the ‘poor man’s gold’, silver has often traded in the shadow of gold. Silver is an industrial and monetary metal.
Summary
At $26 a troy ounce, silver is cheap – historically and relatively, especially compared to gold. The metal established its all-time highs back in 2011 at the lofty high of $50. If gold does establish new highs soon, an upward race here is a distinct possibility. 27/11/79
Pros
- History of a monetary metal
- Cheap than gold
- A high beta version of gold
Cons
- High price volatility
- Sometimes lags other precious metals
- Holding costs of physical silver
- Outlook (4)
Overall
4Silver Price Relative Performance
| Commodity | Price | 5D | 1M | 3M | 1Y | GMG Rating |
|---|---|---|---|---|---|---|
| Gold | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Silver | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Nat Gas | #N/A | #N/A | #N/A | #N/A | #N/A | |
| WTI Crude Oil | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Brent Crude Oil | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Copper | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Coffee | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Sugar | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Cocoa | #N/A | #N/A | #N/A | #N/A | #N/A | |
| Cotton | #N/A | #N/A | #N/A | #N/A | #N/A |
Silver Analysis & Guides
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