Is Silver Undervalued?

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Clearly, it was better to be an owner of silver than a gold bug. A long position in silver gained $930 per contract, while a gold contract brought in only $230.

On Monday, gold for December delivery finished trading at $810.80 an ounce, up 0.28 percent while silver settled at $14.785, a gain of 1.27 percent on the day.

Clearly, it was better to be an owner of silver than a gold bug. A long position in silver gained $930 per contract, while a gold contract brought in only $230.

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