Metal price ratios
Gold to silver ratio today
The gold to silver ratio is how many troy ounces of silver it takes to buy one troy ounce of gold. It is the oldest comparison in the metals trade and the one stackers watch most closely.
Ounces of silver per ounce of gold
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Ratio unavailable
- gold spot
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- silver spot
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- Ratio
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- Inverse
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The gold and silver price shown was recorded when this page was published. Figures calculated from it appear once the live price loads, so nothing here is worked out from a number the market may have left behind.
What a swap would give you
Troy ounces of pure metal. A one ounce bullion coin is rarely one ounce of alloy — check its fineness if you are working from a coin rather than a bar.
Would buy, in silver
ratio unavailable
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Value of the holding
Metal only, at spot
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Common holdings
| Gold held | Value | Buys, in silver |
|---|---|---|
| 1/10 ozt | — | — |
| 1/4 ozt | — | — |
| 1/2 ozt | — | — |
| 1 ozt | — | — |
| 10 ozt | — | — |
What the ratio tells you
A high ratio means silver is cheap relative to gold, and a holder of gold can convert to more ounces of silver than usual. A low ratio means the reverse. Neither is a forecast — the ratio says what the market is doing now, not what it will do.
Worth knowing
The Coinage Act of 1792 fixed the ratio at 15 to 1 by statute, which is a matter of record rather than a market observation. The ratio has not been fixed by law in the United States since 1900.
The figure above is the live gold spot price divided by the live silver spot price, both per troy ounce, and is shown only when both are genuinely live.