Guide – The News Desk

18Oct

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Money

What Is the Gold-Silver Ratio?

The gold-silver ratio is the comparison of the price of gold to the price of silver. It has been used to measure the relative value between the two precious metals for centuries and has played a significant role in the history of currency and trade. Today, those two metals are among the most frequently traded on commodity markets, with industrial applications ranging from automotive and aerospace to solar cells and semiconductors. With increased industrial demand and the abandonment of the gold standard, the gold-silver ratio has experienced significant volatility since 1933. However, investors can still use it as a hedging strategy to help identify opportunities for trading gold and silver. That’s because precious metals historically serve as reliable portfolio hedges during periods of ...

A Local’s Guide to Majorca

T’s new monthly travel series, Flocking To, highlights places you might already have on your wish list, sharing tips from frequent visitors and locals alike. Sign up here to find us in your inbox once a month, as well as our weekly T List newsletter. And you can always reach us at tlist@nytimes.com.Majorca, the largest of Spain’s Balearic Islands, has been a classic summer destination for Europeans and Brits for decades. But long before the big resorts sprung up along the coastline and villas came with helipads, the island’s hilltop villages attracted artists, musicians and writers in search of year-round sun and solitude. Among the best known of those early visitors were the Polish composer Frédéric Chopin and the French novelist George Sand, who spent the winter of 1838 in the town of V...

What It’s Like to be a Female Tour Guide in Saudi Arabia

Fatimah Al Zimam likes to walk around in black leggings and casual tops, and she wears her curly hair loose and uncovered. She owns a silver GMC pickup truck, which she loves to take on solo drives across the Saudi desert. And she is passionate about her work: As a tour guide, she has introduced her country to visitors from the United States, France, Britain, Italy, China and beyond.Ms. Al Zimam, 34, is a Saudi woman and she works for herself. She represents a profound transformation that’s underway in her home country, which has long been known as a deeply conservative place. Saudi Arabia’s opening to nonreligious tourists in 2019 is a major part of the ongoing shift, as are several important gains that women have been granted over the past half decade, though some restrictions remain.Bu...