Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Gold surged 1.7% to $3,439.79 per ounce on Friday, nearing its April record of $3,500.05, as Israeli airstrikes on Iranian nuclear facilities and missile factories sparked fears of wider Middle East conflict. The precious metal posted a 4% weekly gain.
Two factors drove the rally: escalating geopolitical tensions and softer U.S. inflation data that boosted expectations for Federal Reserve rate cuts. Gold typically thrives during uncertainty and when interest rates fall.
Major banks remain bullish on gold’s outlook. Goldman Sachs forecasts $3,700 by end-2025, while Bank of America sees $4,000 within 12 months, both citing strong central bank buying. Despite the optimism, physical demand in Asia weakened as prices hit new highs, especially in India where gold crossed the key 100,000-rupee mark.
