Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

When can silver take off? This needs to happen first

Silver has been lagging gold, but if gold can hold current price levels, then the white metal can start to outperform, this according to Jon Lamb, portfolio manager of Orion Resource Partners.

“I think silver takes off if gold continues to stabilize at these levels, I think you’ll see more interest in silver. Gold miners are making a very good margin at $1,500, silver miners at $17.50,” Lamb told Kitco News on the sidelines of the 121 Mining Conference in New York.