Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold prices advanced on Thursday, benefiting from a weaker U.S. dollar as markets grappled with uncertainty over Federal Reserve policy direction. Spot gold rose 0.2% to $3,339.38 per ounce, while U.S. gold futures gained 0.3% to $3,352.30.
The dollar’s decline made gold more attractive to international buyers, while President Trump’s public criticism of Fed Chair Jerome Powell raised questions about the central bank’s independence. Powell has indicated that Trump’s tariff plans could create persistent inflation, warranting caution on future rate cuts.
Market analysts expect gold to remain range-bound between $3,000-$3,500 until there’s more clarity on Fed policy. Traders are closely watching upcoming economic data, including Thursday’s GDP report and Friday’s Personal Consumption Expenditures inflation data, which could push gold toward the $3,400 level if inflation shows signs of cooling.
Other precious metals posted stronger gains, with palladium jumping 3.5% to its highest level since late 2024, and platinum surging 3.4% to a 2014 high, supported by expectations of continued demand from traditional vehicles as governments delay electric vehicle transitions.
