Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold prices dropped nearly 2% on Thursday to $3,222.66 per ounce, reaching a two-week low.
This decline came as President Trump announced potential trade deals with India, South Korea, and Japan, which increased investor risk appetite and reduced demand for gold as a safe-haven asset.
A strengthening U.S. dollar also contributed to gold’s price drop. Despite the current decline, analysts suggest that a weaker U.S. employment report (due Friday) could potentially drive gold prices up to $3,500 in coming months.
Meanwhile, the U.S. economy contracted in Q1 fiscal 2025 for the first time in three years, partly due to businesses increasing imports ahead of expected tariff hikes.
