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Just checked the silver market and it's looking pretty solid right now. XAG/USD is sitting at $77.89 per troy ounce, up nearly 3% from yesterday's close around $75.62. That's a decent move for a single day. Over the year so far, silver's up about 9.57%, which is worth paying attention to if you're tracking precious metals.
What caught my eye though is the gold to silver ratio today. It dropped to 61.40, down from 62.72 yesterday. For those tracking it, that means you need fewer ounces of silver to match one ounce of gold compared to yesterday. The gold to silver ratio has been shifting lately, so it's one of those metrics worth monitoring if you're thinking about precious metals allocation.
Silver's at $2.50 per gram for reference. Anyway, just sharing what I'm seeing on the charts. The momentum looks interesting.