(Kitco News) -- Technical-chart analysts with Barclays Capital look for the gold/silver "mint" ratio to target the 1998 low of 41.90. The ratio measures the amount of silver needed to buy one ounce of gold and is a gauge of the performances of the two metals against one another. The ratio is falling again, Barclays says. As of late Tuesday, silver was up 14% from its January lows, while gold was up 5%. Early Wednesday, with spot gold at $1,366 and silver at $30.52, the ratio stood at 44.76.

By Allen Sykora