The gold-silver ratio falls below 60, hitting its lowest level in nearly twelve years

Foresight News reported, according to Bitget market data, XAU (gold) has now fallen to $4,435.3 per ounce, XAG (silver) has now dropped below the $75 mark, currently quoted at $74.6 per ounce. The current gold-silver ratio (the ratio of the price per ounce of gold to silver) has already fallen below 60, hovering around 59, marking a new twelve-year low.