Silver to Gold Ratio Looks ‘Favorable.’ What That Signals.

The ratio of weekly silver and gold prices suggests that odds currently favor silver over gold, according to investment research firm Sentiment Trader.

Silver has been on an upward trend, with its year-to-date gain exceeding gold on Monday for the first time in 48 trading days, as measured by performance of two popular exchange-traded funds, the iShares Silver Trust and SPDR Gold Shares. That’s striking given the gold fund gave almost double the returns of silver just as of last month. This could mean that tides are shifting for silver as investors find other stores of value besides gold.

Against that backdrop, Sentiment Trader highlighted the silver to gold ratio, a popular way for commodity traders to analyze the attractiveness of one metal over another.