Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold experienced a significant decline of 2.2% on Friday, reaching $3,044.28 per ounce as it became caught in the broader market selloff following President Trump’s unexpectedly aggressive tariff announcements.
This drop erased the week’s gains, despite gold having reached a new all-time high just two days earlier. While gold is traditionally viewed as a safe-haven asset during economic turbulence, it can still be pulled into major selloffs when investors need to raise cash to offset losses in other investments.
Despite this setback, many major financial institutions including HSBC, Goldman Sachs, and Bank of America remain bullish on gold’s prospects, pointing to continued central bank purchases and geopolitical volatility as supportive factors. HSBC noted that significant corrections below $3,000 could trigger speculative selling but might also revive physical demand and encourage further central bank buying.
