Gold-silver ratio rebounds to 62 as Tata Mutual Fund sees a move toward 68

The gold-silver ratio has climbed back to 62 after dipping in May, and Tata Mutual Fund expects it to move toward 68, a signal that gold could outperform silver. On MCX, August gold futures rose 0.09% to ₹1,53,060 per 10 grams, while silver futures slipped 0.4% to ₹2,51,130 per kg. The outlook is being shaped by uncertainty around the US–Iran situation, continued central-bank gold buying including India’s 72.6-tonne purchase in 2024, and near-term pressure on silver’s industrial demand.