gold trade Tag

Silver-gold ratio

Posted On May 14, 2018By syafiq nubexIn Articles

The Silver-Gold Ratio

Those new to the world of precious metals investment might not be too familiar with the term, but goldbugs and silver stackers alike have often relied on the silver-gold ratio to help them with their precious metals investment. So what exactly is the silver-gold ratio? What is the silver-gold ratio? To break it down simply, the silver-gold ratio refers to the number of silver ounces it takes to buy a single ounce of gold. This system has actually been in place for thousands of years, with some experts believing thatRead More
Sberbank says direct gold trade between the two BRICS members would be immensely beneficial to both countries. Sberbank is looking to finance the direct import of gold to India, according to Aleksei Kechko, Managing Director of Sberbank’s Indian subsidiary. Sberbank is Russia’s largest, state-owned bank. The announcement comes as no surprise to those who have been following the gold-buying spree by BRICS members, especially Russia and China. According to reports:  Direct gold trade between India and Russia would be immensely beneficial to both countries. “We hope to sign the transaction by September or OctoberRead More