Gold/Silver Ratio Explained
The gold/silver ratio is one of the most important metrics for precious metals investors. Learn what it means, how it's moved over 100 years, and how to use it to optimize your allocations.
Quick Answer
The gold/silver ratio tells you how many ounces of silver it takes to buy one ounce of gold. A high ratio (above 80) historically signals silver is cheap relative to gold. The long-term average is ~50-60. Investors use ratio extremes to decide when to favor silver vs gold in their portfolios.
Track the Ratio Live
Gold/Silver Ratio Tracker →
Live ratio data with historical chart, daily changes, and trading signals.
Deep Dives
Gold/Silver Ratio Trading Strategy
When and how to swap between gold and silver.
Gold/Silver Ratio Today
Live chart and what the current ratio means.
Gold/Silver Ratio History
100 years of data and what it tells us.
Gold/Silver Ratio All-Time High
What happened in 2020 and could it repeat?
What the Ratio Means
Why a ratio above 100 signals massive silver undervaluation.
When to Buy Silver vs Gold
Using the ratio as your allocation guide.
Ratio by Decade
Historical patterns every investor should know.
Frequently Asked Questions
What is the gold/silver ratio?
The gold/silver ratio is the number of ounces of silver it takes to buy one ounce of gold. If gold is $2,600 and silver is $30, the ratio is approximately 87:1. It's one of the oldest price metrics in markets, used for centuries to value the two metals relative to each other.
What is a good gold/silver ratio to buy silver?
Historically, a ratio above 80 signals silver is undervalued relative to gold. When the ratio exceeds 80-90, many investors shift allocations toward silver, expecting mean reversion. The long-term average is roughly 50-60:1.
What is the gold/silver ratio trading strategy?
The swap strategy involves buying silver when the ratio is high (above 80) and trading silver for gold when the ratio drops low (below 50). This way you accumulate more total ounces over time, regardless of the dollar direction of either metal.
Where is the gold/silver ratio today?
Track the live gold/silver ratio on our Gold/Silver Ratio tracker tool page, updated in real-time with historical context and trading signals.
Ratio Alerts on Your Phone
Get notified when the gold/silver ratio hits key levels with the Silver of Truth app.