Silver outperforms gold: the gold-silver ratio plunges to five-year lows

MevTears · 2026-01-13T08:43:55+00:00

In 2024, precious metal markets saw silver surge to $69 an ounce, up 139% this year, outpacing gold's 68% increase. This led to a significant narrowing of the gold-silver ratio, indicating a shift in valuation. While gold surpassed $4,400, renewed interest in silver suggests a changing landscape in precious metal investments amidst broader market dynamics.

MevTears

2026-01-13 08:43:55

Abstract generation in progress

The year 2024 marked a remarkable turning point in the precious metals markets. Silver experienced a spectacular surge, reaching $69 per ounce on December 22nd with an impressive increase of 139% since the beginning of the year. This performance contrasts sharply with that of gold, which, despite a solid increase of 68%, remains behind its white competitor.

This divergence in performance is reflected in the evolution of the gold-silver ratio, which contracted to 60.027, marking a low not seen in nearly five years. This movement indicates a profound shift in the relative valuation of the two precious metals.

Spot gold nonetheless crossed the symbolic threshold of $4,400 per ounce, confirming a robust year for metals investors. However, silver’s upward trajectory far surpasses that of gold, suggesting a renewed influx of interest in this historically volatile metal.

These dynamics in the precious metals markets are part of a broader context of end-of-year market movements. Traders are closely monitoring the evolution of altcoins, where several technical thresholds face significant breakout challenges. The overall trading environment remains lively, with opportunities and challenges imminent as markets prepare for the annual transition.

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