Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Oil futures rose about 3% on Tuesday, driven by temporary U.S.-China tariff reductions and positive inflation data. Brent crude reached $66.81 per barrel and WTI crude hit $63.87, building on yesterday’s 4% gain following the announcement of 90-day tariff cuts between the two countries.
April’s inflation rate of 2.3% – a four-year low – has led major banks to lower recession forecasts. This suggests the Federal Reserve will maintain current interest rates, potentially boosting consumer spending.
Though OPEC+ plans to increase oil exports in coming months (May output expected to rise by 411,000 barrels daily), Saudi Arabia will keep its crude supply to China steady. Despite crude prices falling 22% since January, refined product prices remain stable due to limited refining capacity in the U.S. and Europe, which has tightened gasoline and diesel markets.
