According to ChainCatcher , the gold/silver ratio is about to fall below its lowest point in nearly five years, currently trading at 60.027.
Despite gold prices hitting record highs recently, silver prices have also reached new highs, with even larger gains. Today, spot gold broke through $4,400 per ounce for the first time, accumulating a nearly 68% increase year-to-date, while spot silver broke through $69 per ounce for the first time, accumulating a nearly 139% increase year-to-date.
