Technical analysis by ftdsystem about Symbol PAXG on 12/16/2025

The gold/silver ratio is now below 68. The balance may have turned too much in favor of silver and is currently testing the -2 standard deviation of the 2020-to-date regression trend. The heightened demand from China, rising energy investments, and opposite reactions to tariff fears are some of the main reasons for the imbalance. Sometimes the ratio goes to extremes but eventually comes back to long-term averages. As 2020 was a game changer in the economy, the 2020-to-date regression line can be accepted as the balance point. When the rebalancing price action begins, a "buy gold, sell silver" pair trade opportunity might emerge.