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Silver Targets $117/oz Rally as Gold Ratio Stays Stretched at 63:1

Silver coverage remains strongly bullish into April 18, with the gold-silver ratio at ~63:1 far above its 100-year average of 40:1, implying a potential surge to $117/oz or higher. Starting April 17, articles highlighted silver's undervaluation at ~$74/oz versus gold at $4,742/oz, backed by industrial demand deficits projected through 2026 as the sixth straight year. Analysts push iShares Silver Trust (SLV) for exposure, citing its $35.7B AUM, 0.50% expense ratio, and +128% one-year return, despite volatility, pullbacks, and 28% collectibles tax.

Category

Silver

Sentiment

Bullish

Event

Forecast

Reading time

1 min