Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Silver Is Getting Crushed While Gold Holds Up
Silver has dropped more than 3% this week alone, while gold is only down about 2.3% from recent highs. Lucas and Luna dig into why the two precious metals are diverging again in May 2026. They look at the industrial demand story — silver's dual role as a monetary metal and a manufacturing input — and how the latest sell-off in solar and electronics demand is weighing on prices. They also discuss what the gold-to-silver ratio tells us about market sentiment and whether this divergence is a signal or a temporary blip. Specific numbers include silver at $73.62 an ounce and gold at $4,419…
The skinny
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