It's Happening. Silver is Quietly Beating Gold

The gold to silver ratio has broken down. That was the big story of the week. Now, let me get to your precious metals recap for the week ending Friday, December 5th, 2025. So, here is the weekly market overview for you. And as you can see, silver, this is a positive divergence. It has made a higher high, whereas gold has not made a higher high yet.

The Daily Gold

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Peru became the world’s largest producer of silver in 2012.

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