Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold experienced a significant selloff on Tuesday, falling 1.4% to $3,322.09 per ounce—its lowest level since June 11—as geopolitical tensions eased following a U.S.-brokered ceasefire announcement between Israel and Iran. The reduced conflict diminished gold’s appeal as a safe-haven investment, leading to increased risk appetite in global markets, with stocks surging and oil prices tumbling.
However, the ceasefire faced immediate challenges as Israeli Defense Minister Israel Katz ordered military strikes on Tehran, citing alleged violations. Despite the volatility, analysts remain optimistic about gold’s medium-term prospects. ActivTrades sees strong support at $3,300, while ANZ forecasts a rally to $3,600 by year-end before an expected peak in late 2025. Markets are closely monitoring Fed Chair Jerome Powell’s congressional testimony for clues about potential rate cuts, as lower interest rates typically boost gold’s attractiveness.
