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