Silver Price dropped by 6.9% as the US dollar shows it’s strength.
For the last three days Silver price has developed a downward trend as the price dropped drastically. Average per day loosing streak for silver has been at a $1.50 per ounce loss. Some of the technical indicators are pointing upwards aiming for a higher weekly & monthly price.
The Gold / Silver ration is currently at 80%.
Silver being at $30.42 CAD Per Ounce appears to be drawing a great deal of attention from investors.
The question remains; Is it the best time to buy Silver bullion?