BlockBeats news, on December 22, according to market data, the Gold/Silver Ratio is about to fall below its lowest point in nearly five years, currently reported at 60.027. Although gold prices have been reaching historical highs recently, silver prices have also reached new highs with a larger increase. Today, spot gold has first risen above $4400/oz, with a cumulative rise of nearly 68% this year, while spot silver has first risen above $69/oz, with a cumulative rise of nearly 139% this year.
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The gold-silver ratio is about to fall below its lowest point in nearly five years, and the Spot silver rally far exceeds that of gold.
BlockBeats news, on December 22, according to market data, the Gold/Silver Ratio is about to fall below its lowest point in nearly five years, currently reported at 60.027. Although gold prices have been reaching historical highs recently, silver prices have also reached new highs with a larger increase. Today, spot gold has first risen above $4400/oz, with a cumulative rise of nearly 68% this year, while spot silver has first risen above $69/oz, with a cumulative rise of nearly 139% this year.