Gold Silver Ratio
gold silver ratio simplified
gold silver ratio explained
What does it mean?
The gold/silver ratio measures the number of ounces of silver required to purchase one ounce of gold. By measuring the change in the gold/silver ratio over time, investors hope to estimate the relative valuations of the two precious metals, thus informing their decisions of which metal to buy or sell at any given time.
Historic ratios for comparison
The average gold/silver ratio during the 20th century was 47:1. Over the past 20 years, the ratio has averaged right around 60:1. Thus, the current ratio of 84 is very high historically and nearly 60% above the 20-year average.
Gold silver ratio history
Historically speaking, the gold silver ratio has rested somewhere between 15 and 10 to 1, reflecting the average supply of each metal. There were times throughout the history where the ratio was even lower — China once had a 4 to 1 ratio and the ancient Egyptians even had a 1 to 1 ratio at one point.
Tell website visitors who you are and why they should choose your business.
Because when a visitor first lands on your website, you’re a stranger to them. They have to get to know you in order to want to read your blog posts, subscribe to your email newsletter, or buy what you’re selling.