Precious metals prices rise again, the gold-silver ratio shows a rapid trend of recovery.

After a temporary fall, precious metals have seen a resurgence in recent weeks. On November 13th, the international spot silver price broke through $54 per ounce, approaching the historical high of $54.468 per ounce set in mid-October. In the domestic futures market, the main silver contract in Shanghai reached a new historical high of 12,600 yuan per kilogram. Zhang Dapeng, the chief metals analyst at Guotai Junan Futures, said that market concerns about economic conditions without a Fed rate cut and inflation concerns with a rate cut have driven risk aversion, leading precious metals to maintain a strong trend. It is worth noting that silver's performance in this round is particularly eye-catching, as the gold-to-silver ratio shows a rapid return, indicating more optimism in the market for silver's upward potential.