Gold-Silver ratio recovers to 62: Which precious metal should investors buy now?

The gold-silver ratio has recovered above 62 after dipping in May 2026, with Tata Mutual Fund expecting it to move towards 68, suggesting gold could outperform silver in the near term amid geopolitical uncertainty. MCX gold August futures traded 0.09% higher at ₹1,53,060 per 10 grams, while MCX silver futures were down 0.4% at ₹2,51,130 per kg. The fund house remains bullish on precious metals long term, citing central bank gold purchases — including RBI's 72.6 tonnes bought in 2024, making India the world's second-largest central bank gold buyer — as a key structural support.