The gold-silver ratio is about to fall below its lowest point in nearly five years, with spot silver's rise far exceeding that of gold

According to market data, the Gold/Silver Ratio is about to fall below its lowest point in nearly five years, currently reported at 60.027.

Despite gold prices continuously reaching historical highs recently, silver prices have also hit new highs with a larger increase. Today, spot gold has first surpassed $4,400 per ounce, with a year-to-date increase of nearly 68%, while spot silver has first surpassed $69 per ounce, with a year-to-date increase of nearly 139%.