The recent SPX/Gold ratio movements have caught the attention of many investors and market analysts. These movements signal a potential major shift in the long-term trend for gold prices. Historically, the SPX/Gold ratio has been a reliable indicator of primary economic cycles. This ratio predicts large-scale shifts in asset allocation between equities and precious metals. This article explores the historical precedents and analyzes why the latest breakdown could indicate the beginning of a long-term bull run for gold. Understanding the SPX/Gold Ratio and Its Significance The SPX/Gold ratio measures the relative strength of the S&P 500 Index (SPX) compared to gold prices. A rising ratio ...

Silver recently achieved its quarterly close for Q3 2024 above $30. However, it is not the highest quarterly close in history. Silver still has much more potential to rise towards the record levels. Recent quarterly data suggests that the trend remains bullish, with targets between $40-$50. While $50 is an all-time high, the resistance is likely to occur at the red trend line in the chart below. This resistance serves as the neckline of the cup-and-handle pattern. The Q3 2024 silver quarterly close suggests that a major breakout may be on the horizon. Currently, gold has reached record levels, but Silver has not yet done ...

Geopolitical events in India, China, and the Middle East can have a notable impact on the gold market. These regions view gold as a store of value and a significant part of their cultural heritage. This sentiment has contributed to the strong and sustained demand for gold over time. Any geopolitical instability in these regions can further drive this demand, as people tend to seek gold as a secure investment in times of uncertainty. The gold market surges with geopolitical crises as these events develop. In 2024, significant geopolitical crises have emerged in the Middle East, having a global impact on other countries. Additionally, the ...