Page 8 - Gold Silver Prices

Gold-to-silver price ratio at 23-year high of 84.78 amid trade war fears

The ratio represents how much ounce of silver can be bought with one ounce of gold and it is a signal for measuring the relative strength of both the metals with each other

Gold prices rise on firm global cues, silver tops Rs 40,000 mark

Silver prices went up sharply on Wednesday, following a rally in metals, led by aluminum and nickel. After the American sanctions on Russian oligarchs and a large aluminium mining company on April 5, metal prices were on fire and silver also outperformed gold during the period, albeit slower than base metals. Traders in the gold to silver price ratios have turned to silver; many physical market players have also built positions in silver. On the Multi Commodity Exchange, a bearish position in the gold:silver ratio is created by buying silver and selling gold in the proportion of the prevailing ratio at the time of betting.After imposition of sanctions, silver's price in the Mumbai market went up by almost six per cent to close on Thursday at Rs 40,160 a kg -- the rally since Wednesday was 2.3 per cent. Standard gold went up 1.5 per cent during the period but was almost stable from Wednesday, up only 0.1 per cent to close at Rs 31,290 per 10g.The ratio of the price of gold to silver, ..

Gold losses mount, silver dips below Rs 38,000 per kg

In addition, a considerable fall in demand from jewellers and retailers at the domestic spot market put pressure on the prices

Silver prices weaken on global cues, gold rates steady

Gold held steady at Rs 30,850 per 10 gram in scattered deals

Gold rebounds on global cues, silver jumps Rs 515/kg

Silver reclaimed the Rs 39,000-mark due to speculative offtake amid heavy industrial demand