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Commodities

Asian investors help drive gold-silver ratio to post-Lehman highs

Price of yellow metal soars amid turbulent markets and rising global tensions

The gold-silver ratio has stayed above 80 since February 2018, indicating a jittery investment environment.    © Reuters

TOKYO -- Asian investors are fleeing to gold as a hedge against turmoil in financial markets and geopolitical risks, pushing the gold-silver ratio to post-Lehman highs.

"Investors are pouring their money into the safe haven of gold," said Yuichi Ikemizu, Tokyo branch manager at ICBC Standard Bank.

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