What Might the Gold/Silver Ratio Be Telling Us?
The gold/silver ratio is a simple equation that gauges the price of gold relative to the price of silver, and vice-versa. The equation goes like this: How many ounces of silver does it take to buy one ounce of gold? In other words, take the current gold price and divide by the current silver price. The answer is the current gold/silver ratio. For example, today’s gold price of $1193 per ounce divided by today’s silver price of $15.40 gives us a gold/silver ratio of 77.46.... Continue Reading