Goldman Sachs' news on May 6: Gold will continue to outperform silver, with central bank buying serving as a key support.

Goldman Sachs released a report on Monday stating that due to the continuous increase in global central banks' gold reserves and the rising risk of economic recession, gold will continue to outperform silver in 2025. The current gold-to-silver price ratio has risen to approximately 102, significantly higher than the 84.7 level a year ago, indicating gold's strong performance relative to silver. Goldman Sachs pointed out that although gold and silver prices are highly correlated, the slowdown in China's solar production due to supply surplus has weakened the industrial demand support for silver. In contrast, geopolitical uncertainties and investors' preference for gold ETFs have driven up gold prices.