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GOLD
SILVER
CAD prices updated on Saturday, October 12, 2024
GOLD / SILVER RATIO*84 to 1 Gauge Ratio Colours
Best time to get silver
Over past 2000 years 12 to 1 Mined from ground 10 to 1 US Constitution 16 to 1 At 1980 peak 17 to 1 In 2006 ratio was 88 to 1 ratios are approximate *GOLD / SILVER Ratio Explained
This represents how many ounces of silver it takes to purchase one ounce of gold. It currently takes 84 troy ounces of silver to be equal in price to one troy ounce of gold.
If a person currently has 84 ounces of silver in their possession, and the ratio eventually goes to 42 to 1, you could possibly trade your silver for twice as much gold.
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