The Gold vs. Silver Ratio: About to Change?Submitted by Smaulgld.com on Sat, 09/07/2013 - 21:15
In a recent Smaulgld.com blog post “Twelve Ways Silver is Different Than Gold” we noted silver’s lower price relative to gold has been based on its relative abundance to gold. The traditional gold/silver ratio is 16:1, meaning historically it took sixteen ounces of silver to buy one ounce of gold or one ounce of gold to buy sixteen ounces of silver.
Over the last ten years, however, the ratio has ranged from 31.68:1 to 83.73:1. The current gold/silver ratio is about 60:1.
Based on current buying patterns, this ratio may be set to change.
See new Gold/Silver Sales Ratio chart.