The gold to silver ratio has fallen below 50 for the first time in 14 years

The gold to silver ratio fell below the 50 mark this week for the first time in 14 years. Goldman Sachs precious metals trader Augustin Magnien stated that silver is at the core of trade tensions, with the United States listing silver as a key mineral, China implementing stricter export controls on silver, geopolitical developments driving investor interest, and expectations of Federal Reserve interest rate cuts and portfolio diversification driving silver prices to record levels.