Silver Rebounds 2.83% to $73.36 as Gold Ratio Eases from 63.70
Silver surged 2.83% to $73.36 on April 30, easing the gold/silver ratio to 62.95 from 63.70 and lifting YTD gains to 3.20% after testing $70 support. The metal peaked at $79.72 on April 17 (YTD +12.15%) amid industrial demand and safe-haven flows, but plunged amid rising rates and USD strength: -4.06% to $74.54 (Apr 23), -2.78% to $73.42 (Apr 28), and -0.38% to $72.81 (Apr 29). This rebound signals potential short-term stabilization, though volatility persists with focus on yields, dollar moves, and ratio dynamics.