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But what's behind it? May 20 marked an all-time high price for gold, at a spot price of $2,435.96 per ounce. Gold futures were higher at $2,438.50. Spot silver also rose to $32.17, an over 11-year ...
based on www.kitco.com; using price quotes for silver . This W3C-unspecified vector image was created with Inkscape. Author: Rfassbind: Licensing.
When prices across the economy start climbing, gold and silver often become go-to alternative assets for investors. Gold, in particular, has been an effective inflation hedge. To illustrate this ...
This list of bullion dealers includes notable companies and organizations that deal in precious metals, such as gold and silver. This list is incomplete ; you can help by adding missing items . ( September 2014 )
The gold/silver ratio is the oldest continuously tracked exchange rate in history. [9] In Roman times, the price ratio was set at 12 (or 12.5) to 1. [10] In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, [11] which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was ...
In 2013 the unit price paid for pure silver was up six cents to $4.12 (incl gold $4.65) while the realized price was down 717 cents to $23.86 (incl gold $23.58). In 2011 though the unit price paid per silver equivalent ounce was only five cents higher at $4.09 it sold each ounce for 67.6% more, in 2010 it was 36.6% more.
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