Gold-to-Silver Ratio Soars By Most In 2012

Tyler Durden's picture

From the open of the US equity market day-session, gold and silver have diverged aggressively. Gold is notably outperforming silver - in fact today is the biggest jump in the Gold/Silver ratio of the year. The Gold/Silver ratio has also retraced upwards to its 50DMA. It seems there is overall pressure on precious metals post-Bernanke but the relative preference is for Gold so far.

 

From the start of the US equity day-session, gold and silver have diverged...

 

Gold/Silver ratio jumps by most in 2012 to catch up to its 50DMA...

 

Charts: Bloomberg