Silver: A once in a lifetime opportunity

19 January 2024

In this week's market update:

Precious metal prices are essentially unchanged over the past five trading days, with gold last sitting at USD $2,020 per troy ounce (oz).
Silver fell -1%, now trading at USD $22.70oz, with the gold to silver ratio (GSR) sitting at 89.
Intra-week, there was notable volatility, with gold for example climbing up above USD $2,050oz at one point, before reversing and testing USD $2,020oz on the downside.
Local investors were better protected through this volatility, with a 2