Gold Silver Price Ratio
When the first coins were made over 2,500 years ago in ancient Greece, the ratio of gold to silver was generally between 10:1 and 13.5:1, depending on the relative proximity of gold or silver mines. In the 1930's and 1940's the ratio reached 90:1 or higher, and in 1991 it peaked at about 98:1, although we have seen one source which claims over 100:1 peak. Other sources state that the gold silver ratio is no longer relevant in today's markets. We believe it is a worthwhile measure, but would stress that it is difficult if not impossible to state what the ratio "should" be.
Silver
Our page about silver as an investment.
Spot Silver Prices
Live spot silver prices in pounds sterling (GBP).
Live Spot Gold Silver Ratio
Currently the gold:silver ratio is:-
Notes
This market data is provided as a free service for indication or information only. We accept no liability for any errors. It is based on latest available middle spot prices per ounce in US dollars.
Historic Gold Silver Price Ratios From 1970
Summary of annualised monthly statistics for spot gold and silver fixing prices, with gold silver ratios.
Please see notes below table.
Minimum and maximum figures shown are for the respective monthly average figures, and do not include minimum and maximum daily figures.
Year | Gold A.M.$ | Gold P.M.$ | Gold Mean $ | Silver $ | Ratio
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1970 | 35.9635 | 35.9501 | 35.9568 | 1.765749 | 20.36
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1971 | 38.275 | 38.15 | 38.2125 | 1.537 | 24.86
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1972 | 58.1739 | 58.3793 | 58.2766 | 1.676897 | 34.75
|
1973 | 97.1174 | 97.3157 | 97.21655 | 2.54571 | 38.19
|
1974 | 158.7636 | 158.846 | 158.8048 | 4.671508 | 33.99
|
1975 | 160.8659 | 160.8775 | 160.8717 | 4.425634 | 36.35
|
1976 | 124.8018 | 124.772 | 124.7869 | 4.353227 | 28.67
|
1977 | 147.8382 | 147.7927 | 147.8155 | 4.63519 | 31.89
|
1978 | 193.574 | 193.4437 | 193.5089 | 5.421766 | 35.69
|
1979 | 307.0087 | 304.6824 | 305.8456 | 11.06791 | 27.63
|
1980 | 614.7526 | 614.499 | 614.6258 | 20.98365 | 29.29
|
1981 | 459.1633 | 459.26 | 459.2117 | 10.48694 | 43.79
|
1982 | 375.9657 | 375.3046 | 375.6352 | 7.920352 | 47.43
|
1983 | 423.7073 | 423.6636 | 423.6855 | 11.4301 | 37.07
|
1984 | 360.6547 | 360.7843 | 360.7195 | 8.144603 | 44.29
|
1985 | 317.4245 | 317.2952 | 317.3599 | 6.131872 | 51.76
|
1986 | 368.198 | 367.855 | 368.0265 | 5.46452 | 67.35
|
1987 | 446.8368 | 446.2237 | 446.5303 | 7.015613 | 63.65
|
1988 | 436.7844 | 436.8582 | 436.8213 | 6.532437 | 66.87
|
1989 | 381.2679 | 380.8202 | 381.0441 | 5.499895 | 69.28
|
1990 | 383.7326 | 383.5645 | 383.6486 | 4.831589 | 79.40
|
1991 | 362.3411 | 362.257 | 362.2991 | 4.056609 | 89.31
|
1992 | 343.8687 | 343.9492 | 343.909 | 3.946437 | 87.14
|
1993 | 360.0474 | 359.8151 | 359.9313 | 4.31301 | 83.45
|
1994 | 384.0504 | 384.0601 | 384.0553 | 5.285133 | 72.67
|
1995 | 384.0706 | 384.0532 | 384.0619 | 5.197062 | 73.90
|
1996 | 387.7348 | 387.8679 | 387.8014 | 5.199453 | 74.59
|
1997 | 330.9968 | 331.2948 | 331.1458 | 4.897241 | 67.62
|
1998 | 294.1223 | 294.0871 | 294.1047 | 5.539794 | 53.09
|
1999 | 278.8627 | 261.6342 | 270.2485 | 5.218407 | 51.79
|
2000 | 279.2897 | 279.102 | 279.1959 | 4.95253 | 56.37
|
2001 | 271.1901 | 271.0359 | 271.113 | 4.370217 | 62.04
|
2002 | 310.076 | 309.6772 | 309.8766 | 4.599006 | 67.38
|
2003 | 363.8316 | 363.3209 | 363.5763 | 4.878686 | 74.52
|
2004 | 409.5323 | 409.1663 | 409.3493 | 6.657825 | 61.48
|
2005 | 444.9879 | 444.447 | 444.7175 | 7.311538 | 60.82
|
2006 | 604.3379 | 603.7722 | 604.0551 | 11.54918 | 52.30
|
2007 | 696.4312253 | 695.3865 | 695.9088 | 13.38354 | 52.00
|
2008 | 872.37 | 871.96 | 872.17 | 14.99 | 58.19
|
2009 | 1135.01 | 1134.72 | 1134.87 | 17.67 | 64.22
|
2010 | 1226.66 | 1224.32 | 1225.49 | 29.35 | 41.76
|
Min | 35.96 | 35.95 | 35.96 | 1.54 | 20.36
|
Max | 1226.66 | 1224.32 | 1225.49 | 29.35 | 89.31
|
Mean | 381.24 | 380.54 | 380.89 | 7.31 | 54.08
|
Notes
Year = Self explanatory
Gold A.M.$ = Annualised monthly mean average London a.m. gold fix in US Dollars (USD)
Gold P.M.$= Annualised monthly mean average London p.m. gold fix in US Dollars (USD)
Gold Mean $ = Mean average of the two figures above.
Silver $ Annualised monthly mean average daily London silver fix in US Dollars (USD)
Ratio = Gold Mean $ / Silver $
Notes
This market data is provided as a free service for indication or information only. We accept no liability for any errors. It is based on latest available middle spot prices per ounce in US dollars.
2006 Gold Silver Price Ratio Table
2007 Gold Silver Price Ratio Table
2008 Gold Silver Price Ratio Table
2009 Gold Silver Price Ratio Table
2010 Gold Silver Price Ratio Table
2011 Gold Silver Price Ratio Table
To date.
Silver Can be a Good Investment
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