Silver Breaks Through $74 Mark as Gold-Silver Ratio Plummets to 10-Year Low

HackerWhoCares · 2026-01-05T14:38:37+00:00

On December 26, spot silver surged over $74 per ounce, marking a 3% increase, while year-to-date gains exceeded $45. The gold-silver ratio declined over 32% in 2024, signaling silver's strong momentum and challenging long-standing market dynamics.

HackerWhoCares

2026-01-05 14:38:37

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Precious metals markets experienced significant movement on December 26, with spot silver trading above the $74 per ounce threshold, representing a 3% jump within the trading session. The broader year-to-date performance has been even more impressive, with silver posting gains exceeding $45 from January through the end of the year.

The most striking development, however, centers on the gold-silver ratio, which has compressed dramatically throughout 2024. This ratio—measuring the amount of silver required to purchase one ounce of gold—has declined more than 32% year-to-date, now approaching levels not witnessed since early 2014. The ratio itself retreated by 1.2% on the day, underscoring the relative outperformance of silver against gold in recent trading sessions.

This convergence reflects broader market dynamics where silver has demonstrated superior momentum compared to its more precious yellow metal counterpart, challenging the traditional value relationship between the two commodities that has existed for over a decade.

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