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As the gold cost hovers around $3,200 and the price of silver clocks in at around $32, the gold-silver ratio is generally high at the moment. "It's just shy of a hundred to one, so 100 ounces of ...
Plus, gold and silver can serve as a means of portfolio diversification. If you're heavily invested in stocks and bonds, this gives you a way to add another asset class to your portfolio.
Moreover, unlike gold, silver remains some distance from its all-time high. Gold reached a record $3,500 an ounce in April and has since declined 5.5% to $3,308. Although the price of silver has ...
"Gold is the best hedge against inflation; however, silver has industrial properties," Conners says. "Should the economy accelerate from current levels, silver may outperform.
Gold (GLD) and silver (SLV) often shine during times of uncertainty. If the U.S. dollar continues to lose value, gold and silver could perform well in 2025’s second half.
Gold’s record run has left silver behind, and although the white metal hasn’t played catch-up as quickly as many investors had expected, the price ratio between the two metals has held firm ...
Kansas In 2013, the Kansas Committee on Taxation passed a bill declaring U.S.-minted coins as both of legal tender and tax-exempt. Oklahoma Oklahoma's Senate Bill 862 recognized gold and silver U ...
My InsiderThe bill, HB 999, starts the process of allowing government or private entities, such as businesses, to voluntarily accept gold and silver as a form of debt payment. The bill also ...
Utah was the first state to legalize gold and silver as legal tender in 2011. The legislation headed to Kehoe’s desk was considered a compromise version of the bill.
Missouri residents may soon be able to use gold and silver to buy groceries and pay taxes. This week, state lawmakers approved a bill that would designate gold and silver as legal tender in ...