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2026-08-01 23:34
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ID #6054
Gold-Silver Price Ratio Drops Below 80, Silver Industrial Demand Drives New Precious Metal Landscape
Gold and Silver Spot Prices as of August 1, 2026: Spot gold is reported at $1955/ounce, and silver at $24.82/ounce, with the gold-silver ratio falling to 78.8, a recent low. The article analyzes that silver is performing stronger than gold, driven by the explosive growth in industrial demand from sectors such as photovoltaics and semiconductors, while central bank gold purchases and interest rate cut expectations provide support for gold, suggesting further downside potential for the ratio in th
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