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Silver price remains under intense pressure as the gold/silver ratio soars to the highest point since July 2020. The XAG/USD price is trading at 19.85, which is about 26% below the YTD high. It is also slightly below the lowest level in 2020. Other precious metals like palladium, platinum, and palladium have all retreated sharply. Gold/silver ratio soaring Silver has...
The USD/INR price is hovering near its all-time high as investors price in higher inflation and slow economic growth in India. The USD to INR has jumped even after the recent hawkish statements from the Reserve Bank of India (RBI). Therefore, there are increased concerns that the India rupee will retest the important level of 79 soon. Indian rupee sell-off...
Commodities