Based on ChainThink, on December 26, spot silver surged past $74 per ounce, with intraday gains expanding to 3%. The year-to-date increase exceeded $45. Additionally, the gold-silver ratio fell 1.2%, with a cumulative decline of over 32% this year, reaching its lowest level since February 2014.
Spot Silver Surpasses $74/Ounce for First Time, Gold-Silver Ratio Hits 10-Year Low
ChainthinkShare
Summary
On-chain data shows spot silver climbed above $74 per ounce on December 26, with intraday gains hitting 3%. Year-to-date, the rise exceeds $45. The gold-silver ratio dropped 1.2%, with a total decline of over 32% this year, hitting a 10-year low. Altcoins to watch may benefit from renewed metal market momentum.
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