Gold Shines, But Silver Sparkles Even More

Gold Shines, But Silver Sparkles Even More

While the surging price of gold, which broke the USD 2,000/oz. level recently, has attracted all the attention, investors are also re-assessing what other assets could offer gold’s investment properties at a lower cost. Gold’s 14% rise since the end of June pales in comparison to the 54% rise in silver over the same time. Indeed, the gold/silver ratio is back down to 72, a level last seen in early 2017, after peaking at 124 in mid-March, though it remains above its long-term average of 59.

20200814 Gold Shines But Silver Sparkles Even More
Source: Bloomberg, Unigestion. Data as at 7 August 2020

Important Information

The information and data presented in this page may discuss general market activity or industry trends but is not intended to be relied upon as a forecast, research or investment advice. It is not a financial promotion and represents no offer, solicitation or recommendation of any kind, to invest in the strategies or in the investment vehicles it refers to. Some of the investment strategies described or alluded to herein may be construed as high risk and not readily realisable investments, which may experience substantial and sudden losses including total loss of investment.

The investment views, economic and market opinions or analysis expressed in this page present Unigestion’s judgement as at the date of publication without regard to the date on which you may access the information. There is no guarantee that these views and opinions expressed will be correct nor do they purport to be a complete description of the securities, markets and developments referred to in it. All information provided here is subject to change without notice. To the extent that this page contains statements about the future, such statements are forward-looking and subject to a number of risks and uncertainties, including, but not limited to, the impact of competitive products, market acceptance risks and other risks.

Data and graphical information herein are for information only and may have been derived from third party sources. Although we believe that the information obtained from public and third party sources to be reliable, we have not independently verified it and we therefore cannot guarantee its accuracy or completeness. As a result, no representation or warranty, expressed or implied, is or will be made by Unigestion in this respect and no responsibility or liability is or will be accepted. Unless otherwise stated, source is Unigestion.

Past performance is not a guide to future performance. All investments contain risks, including total loss for the investor.