The SGR went down again to about 56-57:1 from the mid-high 60′s as we discussed the past few weeks. Silver tend to outperform gold in both directions, and this should be no surprise as prices are resuming this rally in PM’s. The week started with silver in bullish position and gold holding the 1400$ mark, quiet trading day so far.
Physical market has seen some interest in silver bullion lately, particularly for 1 oz rounds and ASE that we keep getting in the 5-10,000 units at a time and reship within few days and so on, they just don’t last that long in our vault. More updates coming soon today, thanks for reading.