Now, today, there are up-moves in both metals, gold +1.26%, silver +2.58% about a 2x out-performance on the upside move.
There has therefore been a down-move in the gold:silver ratio from its extreme levels of late around 95:1. A gap in fact. Will this gap be "filled" as many like to predict in these instances? Is a gap in a ratio like this as valid as a gap on the open in a stock and how about in commodities like these where there is nearly 24 hour trading - although I guess stock futures trade out of hours too? I cannot tell.