September
Price money trapped in a narrow trading range between us $ 42 per ounce in recent weeks. While the price of gold – from either high, white metal is not able to log on to significant achievement lay gold. Some investors believe this development to be due to the fact that money is still considered to be of industrial metal among many. Instead of the coat tails of gold price rising continuously revisiting its record level of $ 50 per ounce, gold/silver ratio recently rose again above 40.
Fears of a double-dip recession in the United States leading to the collapse of the global economy is among the participants in the financial market. Therefore, capital flight into both people such as gold and other tangible and intangible assets continues among a large number of investors. Investors have already derived hedge their bets by selling assets such as stocks, goods is dangerous. Despite the continuing physical demand for silver, white metal can fight experts think it weekly $ 50 ounce this year again. Recently, Philip Klapwijk, Executive Chairman of the Advisory Group, a London ´ s some of the reasons why GFMS price money now lagging profits gold prices.
While money was one of the best performing assets last year, continued its strong rally, the first few months of May 2011 price crash caused the loss of a third of the value of white metal. According to Klapwijk, Raleigh extraordinary price led to an overheating of price money and investors became cautious sector money for now. Moreover, large investors prefer to buy gold and silver due to greater liquidity in the market for gold. After the Group of options, operator, CME of the New York Comex commodity exchange, announced that the number of consecutive increases of their margin requirements with options sector back in may, heavy metal and white came under pressure from sales. Many merchants adversely by this move are still licking their wounds.
Gold/Silver ratio fell just over 30 in Raleigh money price in spring. The ratio shows the number of ounces of silver to buy one ounce of gold. Industrial electronics manufacturers and end users another much lower rates of today to bring the inventory. In the meantime, the share of investment sector demand money total reached 17% last year-especially compared to only 1% in 2001. The iShares silver trust money holdings, the world s largest ´ ETF invested by physical silver, rose by 165 tonnes in the first quarter of 2011.
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