Gold-Silver Ratio Surges to 65 Amid Escalating Global Tensions

Gold and Silver Prices Update

Market Overview

The COMEX gold rate and silver rate have rebounded strongly after hitting intraday lows on Monday, following a weak opening. The COMEX gold rate is currently trading around $4,550 per ounce, while the COMEX silver rate is trading around $70.30 per ounce.

Gold-Silver Ratio

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The gold-silver ratio has dropped to around 65, down from below 45 in January 2026. According to Amit Goel, Chief Global Strategist at Pace 360, the gold-silver ratio is near the pivot point of 80. When the ratio falls below 80, silver prices enter the overbought zone, indicating that silver is currently in the overbought zone and profit-booking may occur at any time.

Investment Advice

Anuj Gupta, a SEBI-registered market expert, advises investors to buy gold instead of silver due to the US-Iran war and the potential impact on industrial demand for silver. Renisha Chainani, Head-Research at Augmont, expects gold to trade sideways-to-up next week, with a range of $4,300-$4,600.

Outlook for COMEX Gold Price

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Ponmudi R, CEO of Enrich Money, believes that a sustained move above $4,650 could extend the rally toward $4,750-$4,800, with further upside potential toward $4,900. However, a sustained break below $4,400 may accelerate weakness toward $4,300, with further downside extending toward the $4,100 level.

Outlook for MCX Gold Rate

The MCX gold rate has opened with a mild gap up and is currently trading above the ₹1,46,000 support band, indicating underlying buying interest. Ponmudi expects a sustained move above ₹1,49,000 to strengthen bullish momentum and potentially open the path toward ₹1,53,000.