Gold is up around 17% year to date as confidence in the US dollar fades.
Today, spot gold is up about 0.9% near $5,030 after briefly pushing above $5,100 earlier. It also cleared $5,000 for the first time during Asia Pacific trading, but momentum looks to be slowing on the 4-hour chart. However, Goldman Sachs has lifted its December 2026 gold target to $5,400 per ounce.
Silver has moved even faster. The gold to silver ratio has dropped below 50 for the first time since March 2012. Put simply, silver is now trading at its strongest level relative to gold in almost 14 years.
If gold holds near $5,100 and the ratio reverts to its long-term average around 70, silver will need to drop to roughly $72 to get back to that historical relationship.
Para conocer la fecha y hora exactas de estos importantes eventos económicos, importe el Calendario Económico de BlackBull Markets para recibir alertas directamente en su bandeja de entrada de correo electrónico.
El trading implica riesgos y puede no ser adecuado para todos los inversores. La información proporcionada en este artículo tiene fines educativos únicamente y no constituye asesoramiento financiero. Realice siempre una investigación exhaustiva y busque asesoramiento profesional antes de tomar cualquier decisión de inversión.
