After silver’s climb earlier this year to the highest prices since 2013, the metal has significantly underperformed sister metal gold. With silver’s value dropping to its lowest in 14 months, some investors may see an opening to buy.
“Silver presents a better opportunity than gold at the present time,” says Jeff Wright, chief investment officer at Wolfpack Capital. However, he warns investors not to rush into the market just yet, especially as a rise in 10-year Treasury yields has fueled a retreat for precious metals that could see prices for both silver and gold move even lower.
https://www.barrons.com/articles/silver-is-looking-like-a-bargain-after-prices-dropped-what-to-know-51632996001?siteid=yhoof2
About the author
