The gold silver ratio is flashing signs of a potential mean reversion trade. Analysts suggest silver may outperform gold in the coming months as the ratio moves closer to historical norms. HereтАЩs what investors need to know.
Silver
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Metal Meltdown: Gold and Silver See Sharpest Fall in Years
Gold and silver saw their steepest selloff in years as investors locked in profits on concern that the recent historic rally in the precious metals left them overvalued.
Gold Price Alert: $4,000 Support Under Threat as Market Pressure Mounts
Gold Price Alert: Gold bounced up after reaching the target of a Double Top pattern, at $4,005 on Tuesday, but upside attempts have been halted way below previous support, at $4,185, which leaves the immediate bearish trend intact and the $4,000 support area at a short distance.
Precious Metals Slip: The Real Reason Behind Gold and SilverтАЩs Price Drop
Precious Metals Slip: This decline was due to the dollar’s strength and traders taking profits after a sharp rally. Gold (XAUUSD) was currently trading around $4,175, down more than 4% today, hitting a five-day low $4079.55.