Gold–Silver Ratio Hits Lowest Since Feb 2014 as Silver and Gold Rally
The gold–silver ratio fell 1.2% to 61.60, marking its lowest level since February 2014 and a decline of over 32% year-to-date. Silver surged, with spot silver gapping up above $73/oz to a record high near $73.7/oz. Spot gold climbed back above $4,500/oz, rising about 0.5% on the day. The move reflects strong relative strength in silver versus gold, driven by buyer demand for silver and safe-haven interest in gold. This market update is informational and not investment advice.
Neutral
The drop in the gold–silver ratio to a multi-year low reflects stronger momentum in silver relative to gold, with silver reaching record spot highs and gold modestly rising. For crypto markets, the impact is likely neutral: precious-metals moves can influence risk sentiment and dollar strength, which in turn may affect crypto flows, but this article reports price moves without a clear catalyst that would directly drive crypto-specific capital. Short-term, traders may see increased risk-on interest toward commodities and industrial metals (benefiting tokens tied to commodity exposure), while safe-haven flows into Bitcoin or stablecoins could be mixed depending on macro drivers. Historically, sharp moves in precious metals sometimes coincide with shifts in fiat liquidity or inflation expectations that later affect crypto—if the silver rally signals inflation concerns or monetary policy shifts, that could become bullish for inflation-hedge assets like BTC over the medium term. However, absent a direct link or policy change, immediate impact on crypto market structure and liquidity should be limited.