Gold extends its recovery while silver races to close the gap - KITCO
Gold extends its recovery while silver races to close the gap - KITCO
Source: KITCO
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DW NOTE
Silver's gold-to-silver ratio stood at 83:1 in early 2024. It's now somewhere in the 60s — the exact figure depends on which hour you check. That's not silver racing to close a gap, that's a reversion to something closer to the historical mean after years of abnormal divergence. Industrial demand and monetary debasement work on both metals, just with different lag structures.