The price of silver has surged over 10% this week to $63.9 per troy ounce, its highest level since late June.
This has caused the gold/silver ratio to fall below 70, according to Commerzbank's Carsten Fritsch.
However, Fritsch highlights that solar-sector demand for silver is set to decline for a second year, with silver's share in solar modules and total demand expected to fall despite still-elevated prices.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
