Market players say the yellow metal remains overvalued - the ratio to silver is at a 5-year high and to crude oil, a 17-month peak
Fri, Nov 07, 2014 - 5:50 AM
One ounce of gold is fetching more than 74 ounces of silver, the most since March 2009.
AS bad as the rout has been in gold this year, it keeps getting more expensive relative to silver. The ratio, now at the highest in five years, is of concern to gold investors because it may signal more declines.
"Gold is overvalued to silver," Yoni Jacobs, the chief...