The gold silver ratio measures how many ounces of silver it takes to buy one ounce of gold.
In Twelve Ways Silver is Different Than Gold we noted silver’s lower price relative to gold has been based historically on what was commonly believed to be the scarcity of gold relative to silver in the earth’s crust of about is 16:1. The gold silver ratio was set at 15:1 in 1792 in the United States when gold and silver coins were in general circulation.
Over the last ten years, however, the gold/silver ratio has ranged from about 30:1 to 85.1.
Recently, Eric Sprott, of Sprott Global Resource Investments noted that the amount of available gold to silver for investment was just 3 to 1.
The current gold silver ratio based on $1350 an ounce of gold to $16.50 an ounce of silver is about 82 to 1.
We report monthly on the amount of silver sold relative to the amount of gold sold at the U.S. Mint. Over past year, silver has out sold gold each month from 75 ounces to 1 to nearly 300 to 1, reflecting what investors see as the relative bargain of silver to gold.
Please consider making a small donation to Smaulgld.com. Thanks!
The Gold Silver Ratio at 72:1 Illustrated
The Gold Silver Ratio Illustrated at 72:1 with seven one ounce American Silver Eagle coins, two 1/10 silver eagle rounds and one 1/10 ounce American Gold Eagle coin.
Gold Silver Ratio Charts
Gold Silver Ratio One Month Chart
The Austrian Silver Philharmonic coin was first produced in 2008 by the Austrian Mint.
The Austrian Silver Philharmonic is Europe’s largest selling silver bullion coin with sales over 50 million from 2008-2013. The Austrian Silver Philharmonic is often over looked by silver investors and tends to sell at lower premiums and in lower quantities than the Silver Canadian Maple Leaf or the American Silver Eagle.
Compare Austrian Silver Philharmonic coins for sale at these websites:
Please visit the Smaulgld Store for a larger selection of recommended Kindles, books, music, movies and other items.
Or you can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the BGASC, Golden Eagle Coin, Perth and Royal Canadian Mint ads on the site.
*DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.
Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.
The information contained herein does not constitute legal, tax or investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.