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FindBullion / Gold:Silver Ratio

Gold:Silver Ratio

How many ounces of silver it takes to buy one ounce of gold

Current Ratio

50.1

1 oz Gold = 50.1 oz Silver

Gold

$4,924.325

Silver

$98.255

Historical Ratio

1971 1990 2010 2026

What Does This Ratio Mean?

30 (Silver Strong) 60 90 (Gold Strong) 120+
50.1

Below 50

Silver historically overvalued. Consider swapping silver for gold.

50 - 80

Near historical average. Balanced allocation reasonable.

Above 80

Silver historically undervalued. Consider swapping gold for silver.

Notable Historical Ratios

Year Ratio Event
1980 17:1 Hunt Brothers silver squeeze - all-time low
1991 100:1 Post Gulf War high
2008 84:1 Financial crisis spike
2011 32:1 Silver bull market peak
2020 112:1 COVID-19 pandemic - all-time high
2026 50:1 Current

Ratio Calculator

50.12 :1

Understanding the Gold:Silver Ratio

The gold-silver ratio represents how many ounces of silver are needed to purchase one ounce of gold at current market prices. This ratio has been tracked for centuries and is used by investors to identify potential opportunities in precious metals markets.

How Investors Use the Ratio

  • Mean Reversion Strategy: When the ratio reaches extreme highs or lows, some investors swap between metals expecting it to return to historical averages.
  • Relative Value: A high ratio may indicate silver is "cheap" relative to gold, while a low ratio may suggest gold offers better value.
  • Portfolio Allocation: The ratio can help determine optimal allocation between gold and silver holdings.

Historical Context

The historical average ratio over the past century is approximately 50-60:1. However, the ratio has seen extremes ranging from 17:1 (1980 silver spike) to over 120:1 (March 2020 COVID crash). Currently at 50.1:1, the ratio is below historical averages.