The Gold/Silver ratio closely tracks industrial production and should rise as growth slows, says analysts at CIBC. Key Quotes: “The gold/silver ratio, despite dipping recently, has edged higher this year. A decline in the price of silver of almost twice the magnitude seen in the price of gold is the main factor behind that move. And a further decline in the price of silver could be on the horizon.” “As global growth slows into 2020, demand for silver, which has tracked industrial production more closely since the recession, is likely to fall. At the same time, the price of gold should get a lift from a weaker USD. With the market underpricing the odds of Fed easing in 2020 as growth slows, the gold/silver ratio is poised to head higher.”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin price analysis: Narrowing ranges, moment of reckoning is here FX Street 4 years The Gold/Silver ratio closely tracks industrial production and should rise as growth slows, says analysts at CIBC. Key Quotes: "The gold/silver ratio, despite dipping recently, has edged higher this year. A decline in the price of silver of almost twice the magnitude seen in the price of gold is the main factor behind that move. And a further decline in the price of silver could be on the horizon." "As global growth slows into 2020, demand for silver, which has tracked industrial production more closely since the recession, is likely to fall. At the same time, the price of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
