Currently, silver's COMEX spot price is just over $41.00/toz. This is great for those of us who invested in the metal during recent years when it was in the $20s.
Here's the current COMEX spot price:
For those who are curious about silver investing, an article by Mike Maharrey in Seeking Alpha is an interesting read.
It begins with:
Silver is up an impressive 39.7 percent so far this year, hitting the highest level since 2011. It has broken through the significant $40 per ounce resistance and appears to be on track for a new record high over $50.
Yet, even with this bullish action, silver is still underpriced compared to gold.
As of the morning of September 9, the gold-silver ratio was still over 88-1. This indicates that silver remains a bargain compared to gold.
To read more, go here.
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