It's remarkable to see silver approaching $40/oz, yet still historically undervalued relative to gold.
Source: Tavi Costa
Platinum jumps to highest price in 14 years
Source: Barchart
🚨 NEW YORK BEGGING FOR SILVER. LONDON CAN’T DELIVER.
Source: @MakeGoldGreat on X
Silver surges above $39 for the first time since the first US downgrade in Aug 2011
Source: zerohedge
Silver is dirt cheap relative to gold.
Source: GoldSilver HQ on X
The charts below show the YTD change in the main metals and the sp500 through July 8th of each year since 1990.
While gold is up less than any of the other four metals this year, through yesterday's close, the only other year with a larger YTD gain was in 2016. The only other year it was up over 20% was in 2006 (22.3%). Platinum's 55.6% gain is easily a record through this point in the year. In fact, it's double the prior record of 27.8% that was reached in 2006 and 2008. The only other year that platinum gained more than 20% YTD through 7/8 was in 2000 (23.6%) and 2016 (23.4%). Silver and copper have both experienced 20%+ YTD gains through 7/8 more than gold and platinum. Silver had a larger YTD gain last year and has now had six 20%+ YTD gains since 1990. Copper's 41.2% gain this year ranks as the best since 2009 (53.1%) and is the seventh time that the commodity has rallied more than 20% YTD. While all four commodities have experienced other YTD gains of 25%+, this year is the first time all four have rallied 25%+ YTD through 7/8 in the same year. The only time they ever all simultaneously rallied 20%+ YTD was in 2006, and the only other year when all four were even up 10% YTD at this point in the year was in 2008. Other years since 1990 have seen big runs in the metals, but none of them have been quite like the 25%+ across the board gains in 2025. Source: Bespoke
BREAKING: Coffee
Coffee falls to its lowest price since November Enjoy your ☕☕☕ Source: Barchart
In case you missed it... Copper is up +29% year-to-date.
Better than gold.
