Neutral impactCommodity
Silver selloff seems overdone, says Mirae Asset Sharekhan; here's why
Business Standard 1 hr ago·23 Oct 2026, 6:55 am
Silver prices have recently faced significant selling pressure, but analysts suggest the market may be overreacting. A key technical indicator, the crude oil-to-silver ratio, has fallen below a critical support level. Historically, this ratio has been a reliable gauge for the precious metal's price direction.
This shift in the ratio suggests that silver is currently undervalued relative to crude oil. Investors often view this relationship as a barometer for risk appetite in the market. A decline in the ratio can signal that investors are rotating capital away from safe-haven assets like silver toward commodities like oil.
Moving forward, investors should monitor the price of crude oil. If oil continues to rise, it could provide support for silver prices. Conversely, a sharp drop in oil could put renewed downward pressure on silver. Traders will be watching for a potential rebound in the ratio as a signal for the next move in the silver market.
Key takeaways
- Category: Commodity.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
