Wednesday, 31 December 2014

Three year slide for precious metal miners

Buying pressure wanes on broad stock markets, having rallied to new highs only some days after the latest pull-back. Precious metals have been oscillating. On this last full trading day of 2014, gold regained $1200, while silver gained 2.9% to close at $16.27. The Gold to silver ratio still stands at 73.7, barely below its recent multi-year high.