Silver outperforms as gold drops on market rally

摘要

Silver continued to outperformthe precious metals complex, holding on tofive-and-a-half-month highs above $16/oz onApril 13, while gold retreated from its own fourweekhighs above $1,260/oz on receding safehaven demand amid a stock market pickup.As a result, silver’s ratio to gold hasdropped to its lowest level since January,below 78.