Saturday, August 08
Mumbai: A widely-watched ratio comparing gold's value with silver is flashing caution for the white metal after a blistering rally propelled it to all-time highs. The gold-silver ratio is currently around 45 - the lowest level since September 2011, according to Samco Securities. The reading suggests silver might be overbought, prompting analysts to vouch for gold as a safer bet at this juncture. "Current levels of the gold-silver ratio suggest silver is overvalued relative to gold and is likely to remain so in the near term," said Riya Singh, research analyst - commodities and currency at Emkay Global. Investors track the ratio as a quick way to assess which metal appears relatively cheap or expensive. A high reading - typically above 80 to 100 - signals that silver may be undervalued vers
