Gold looks expensive at current levels, silver still undervalued: Monarch PMS
· economictimes.indiatimes.com
Currently, silver is priced lower than its typical value, presenting an appealing investment alternative to gold. With gold's modelled range set between US$3,248 and US$4,595, averaging at US$3,922, silver's modelled range is between US$54 to US$77, averaging at US$65. Priced at US$61.7, silver falls below its expected midpoint, highlighting its position as the more affordable precious metal.
Synopsis
Currently, silver is priced lower than its typical value, presenting an appealing investment alternative to gold. With gold's modelled range set betwe...