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NEW YORK SPOT METAL PRICES

March 15, 2025

Gold’s rally stalled Friday and is on pace for a weekly decline after reaching a record high on Monday. Silver, however, is up over 4% this week as the gold to silver ratio dipped below 86 to its lowest level since December. Stocks fell Friday as the likelihood of a June rate cut slipped to 59% after February CPI showed inflation remains stubbornly high. While the chance of a rate cut in March is virtually zero, next week’s FOMC meeting could rattle markets if there is any change in the Fed’s projected guidance.