Gold-silver ratio

The gold-silver ratio is the gold price divided by the silver price and tells you how many grams (or ounces) of silver one gram (or ounce) of gold buys. With gold at €120 per gram and silver at €1.50, the ratio is 80.

Historically the ratio has mostly ranged between 40 and 90. In the 19th century the bimetallic standard held it near 15; in the 20th and 21st centuries it has been far higher and has swung with crises. A high ratio is read by investors as "silver is cheap against gold", a low one as the opposite.

The ratio is a gauge of relative value, not a forecast. The Aevumex app shows it as its own chart with the same periods as the price chart; the prices page shows the current value.

Frequently asked questions

How do I compute the gold-silver ratio?

Gold price per gram divided by silver price per gram, or per ounce by per ounce; the unit cancels out.

What is a high ratio?

Above 80 has historically been high, below 50 low. What that means for you is a personal decision; Aevumex gives no advice.

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