Jul 16, 2019 Guest(s): Peter Hug Global Trading Director, Kitco Metals
Silver has been attractively priced relative to gold, and investors are finally starting to take note of that, said Peter Hug, global trading director of Kitco Metals.
"I think people are starting to catch on to the fact that this market is overall in a bullish trend, which I do believe it is, that silver is extremely undervalued compared to gold, and that now we're starting to see some retail demand coming into the silver market," Hug told Kitco News.
At the time of this interview, gold prices fell $10 while silver rose by around 35 cents.