Tuesday, 5 April 2011
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Silver Advances to Most Expensive Versus Gold Since 1983 on Inflation Risk
Silver climbed to its most expensive level versus gold since 1983 as rising inflation spurred by commodity shortages, economic recovery and turmoil in the Middle East bolstered demand. An ounce of gold bought 37.15 ounces of silver at 2:32 p.m. inSingapore, compared with an average of 62 in the past 10 years. Silver for immediate delivery has more than doubled in the past year while gold gained
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