Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

Why Is Silver’s Mining Margin So Wide? Tavi Costa Explains

GoldSilver video thumbnail showing hosts Maggie Lake and Tavi Costa with the text "Miners Are Printing Money" against a backdrop of gold bars, silver coins, a mining excavator, and a falling stock chart

Silver’s recent price drop looks significant. The math behind it tells a different story. Macro strategist Tavi Costa breaks down why the $46 spread between silver’s spot price and its average mining cost is the widest in recorded history — and why that number matters far more than where silver traded last week.

Why Is Silver Down 5%? The Gold-Silver Ratio Explains.

A tall stack of gold coins next to a shorter stack of silver coins, visually representing the gold-silver ratio — the price relationship between the two precious metals.

Gold is down 1.7% today. Silver is down 5.4%. The gold-silver ratio just hit 67 — and it’s not a valuation signal. It’s a real-time diagnostic of two forces colliding: the Iran peace dividend versus the Fed’s rate-hike threat. Here’s which one is winning, and why Thursday’s PCE report is the swing factor.

Half the Fed Wants a Hike. 45% of Central Banks Are Buying More Gold.

Stack of gold coins standing still on a dark reflective surface as ripples spread outward, illustrating how Fed rate hike gold pressure creates short-term waves without moving the structural floor.

The Fed’s June 2026 dot plot split the committee down the middle on rate hikes, the dollar surged to its highest since May 2025, and silver posted its sharpest drop in weeks before recovering nearly 70% of the loss. The same week, the World Gold Council reported a record 45% of central banks plan to add gold. The headwinds are real. So is the floor.

Gold Holds at $4,347 While Stocks Hit All-Time Highs. Here’s Why.

Gold bars stacked on a metal rack in the foreground while stock market screens show the Dow Jones, S&P 500, and Nasdaq climbing — illustrating why gold is going up today even as equities hit record highs.

The Iran peace deal removed the war premium from gold. But the monetary premium — driven by $39 trillion in US debt, central bank buying, and fiscal deficits — is untouched. Here’s why gold held while stocks hit records, and what Warsh’s FOMC press conference means next.

Why Is Silver Up Today? The Iran Deal Changed the Fed Math

Why Is Silver Up Today? The Iran Deal Changed the Fed Math

Silver is up while oil burns down. Most headlines are calling it a peace trade. They have the mechanism backwards. The real driver isn’t the war ending — it’s what cheaper oil does to Fed rate-hike expectations, real yields, and silver’s opportunity cost. Here’s the chain most coverage is missing.

Silver Fell 22% in 30 Days. Gold-Silver Ratio Hits 63.

Silver Fell 22% in 30 Days. Gold-Silver Ratio Hits 63.

Over the past 30 days, silver has fallen more than twice as fast as gold. The gold-silver ratio now sits at 63 — up more than 8 points in a month. That move has a name, a mechanism, and a track record. Here is what drove it, and what comes next.

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.