Gold-Silver Ratio Hits 68 Experts Advise Balanced Investment Approach
The gold-silver ratio hit 68 on Tuesday, marking significant volatility in 2026 as both metals reacted to geopolitical risks, central bank policies, and investor sentiment. This ratio, which measures how many ounces of silver are needed to buy one ounce of gold, indicates relative valuation between the two precious metals. A higher ratio suggests gold is outperforming, while a lower ratio points to silver's strength.
Gold prices fell 0.3% to $4,127.87 per ounce, while silver declined 0.7% to $60.64 an ounce. The US dollar's strength and elevated Treasury yields weighed on precious metals, with the 10-year and 30-year yields hitting 24-year highs. Despite this, gold's long-term outlook remains supported by central bank demand, fiscal risks, and geopolitical uncertainty.
Silver presents a different investment case, with 2026 on track to be the sixth consecutive year of supply deficits. Industrial demand, particularly from China, which controls a significant portion of global refining capacity, adds to silver's long-term appeal. However, experts advise against completely switching from gold to silver, recommending a staggered approach to investing in both.
Kaveri More, Commodity Technical Analyst at Choice Broking, suggests staggered buying of gold over the next few weeks, with support seen around $3,950 per ounce. The note also cautioned investors to consider all risks before increasing exposure to gold and silver, as rapid price appreciation can be followed by sharp corrections.