Commodities
Gold-Silver Ratio Plummets as Dollar Weakens, Inflation Fears Linger
The gold-to-silver ratio took a hit today, falling 1.1% to trade at 65.5 as silver staged a stronger recovery than gold in the precious metals market.
The main driver behind this shift is a softer U.S. dollar, which has drawn physical buyers back into silver.
Market participants are also squaring positions ahead of Friday's August Consumer Price Index release, a data point that will likely influence the Federal Reserve's September 15-16 policy decision.