XAU/XAG (CORN) Price Today — Live Chart and Analysis

The gold-silver ratio fell during 2025 as both metals moved higher, with silver outperforming gold for much of the year. Strong industrial demand for silver (especially from solar panels, AI data centers, and electric vehicles) helped drive silver prices to a record high near $121.67 per ounce. At the same time, the ratio dropped toward 55x. In Q2 2026, the ratio moved back up to around 65–70x as both metals pulled back. Gold stayed below its all-time high of $5,589, while silver corrected sharply from its record levels, although it still remains up around 172% from the start of 2025. Historically, silver often lags gold early in a bull market but can outperform later when industrial demand increases. However, silver is also more sensitive to economic slowdowns because of its industrial use, while gold continues to benefit from safe-haven demand during uncertain periods. Key levels traders watch: - Below 60x: silver is outperforming gold - Above 80x: gold is leading and silver is relatively weak