Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold prices surged to their highest level in a week on Thursday, climbing 1% to $3,382.61 per ounce, as multiple factors drove investors toward the safe-haven asset. The rally was fueled by escalating Middle East tensions, with President Trump warning about the region becoming “dangerous” and announcing the evacuation of some U.S. personnel.
Trade uncertainty also played a key role, as Trump suggested he might extend the July 8 deadline for trade negotiations, creating market jitters. The U.S. dollar’s decline to a three-year low further supported gold prices by making it cheaper for foreign buyers. While gold and platinum performed well, silver remained steady and palladium declined. Investors are now watching for upcoming economic data, including the Producer Price Index, ahead of the Federal Reserve’s June meeting.
