Silver price crash: Gold-silver ratio signals more pain for white metal as expert sees further underperformance in festive season - Business Today

AI desk brief

The article is bearish for silver versus gold: the gold-silver ratio has risen, and Ponmudi expects it to climb further, implying more underperformance in the white metal through the festive season. The piece argues the recent selloff has weakened the case that industrial demand provides a firm floor for silver, leaving the metal more vulnerable than gold.

It also cites long-term inflation-adjusted returns to favor gold, with gold delivering 2.5% annual real returns over nearly 75 years from 1950 versus 1.4% for silver. That historical gap is used to support the view that gold should remain relatively more resilient in the coming months.