Odaily Planet Daily News: As the scorching rally of silver prices in Q4 last year continued into the new year, the gold-silver ratio, which has been closely watched by precious metals traders this week, briefly fell below the 50 mark for the first time in 14 years. As Goldman Sachs precious metals trader Augustin Magnien pointed out, silver is currently at the heart of trade tensions. Previously, the United States included silver on its critical minerals list, and China has also implemented stricter export controls on silver. These geopolitical developments have sparked a surge in investor interest. Driven by expectations of Fed rate cuts and a trend toward portfolio diversification, silver prices have been pushed to record levels. (Cailian Press)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
