Gold-silver ratio at 70; silver undervalued, analysts say

The gold-silver ratio climbed to 70.34:1 on July 29, with gold near $4,080/oz and silver around $58/oz. Analysts say the ratio is near its long-term average, but silver remains slightly undervalued relative to gold, offering higher upside if the Fed eases policy. Conservative investors may prefer gold for stability, while aggressive investors could consider silver. The ratio is expected to stay in the 65-75 range near term.