Gold to Silver Ratio for Last Month
|Month Change||-16.23 (-14.39%)|
Gold : Silver Ratio 1 Month
The gold : silver ratio is the proportional relationship between the respective spot prices of gold and silver. Put simply, it shows how much silver would be required to purchase a troy ounce of gold. To demonstrate this, if the ratio is at 70, it means that a 1kg bar of gold is worth about the same as 70 x 1kg silver bars.
The above chart allows you to track the gold : silver ratio and its fluctuations over the last month. The ratio is often used as indicator of when to invest in one metal rather than the other. When the ratio is high, silver tends to be favoured as it is much cheaper than gold. However, when the ratio is low investors are more likely to opt for gold.