Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold jumped over 0.80% to $3,382 on Wednesday as weak U.S. economic data fueled expectations for Federal Reserve rate cuts. The ISM Services PMI contracted for the first time in nearly a year, falling to 49.9, while private job growth slowed sharply to just 37,000 in May versus 110,000 expected.
The disappointing data led President Trump to pressure Fed Chair Powell to cut rates faster, while escalating trade tensions added to gold’s appeal as Trump doubled metal tariffs to 50% ahead of talks with China’s Xi Jinping. The dollar weakened and Treasury yields plunged, with markets now pricing in over 50 basis points of Fed easing by year-end. Gold faces technical resistance at $3,400 but remains in a bullish trend with potential to test its $3,500 all-time high.
