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Is gold correlated with silver?
Are gold prices more closely correlated with silver prices?
What is the ratio between gold and silver?
What is a gold-silver ratio?
Jul 27, 2024 · The gold-silver ratio expresses the price relationship between gold and silver. The ratio shows the number of ounces of silver it takes to equal one ounce of gold. The gold-silver ratio...
- J.B. Maverick
This interactive chart tracks the current and historical ratio of gold prices to silver prices. Historical data goes back to 1915.
Nov 7, 2023 · We can therefore affirm that the price of gold is more closely correlated with the price of silver than with that of the S&P 500 over the long term. And the prices of other commodities, such as palladium and wheat, also seem to move fairly symmetrically with gold.
Aug 17, 2022 · While gold and silver have a strong positive correlation, the ratio of their prices has ranged widely, from one ounce of gold buying as few as 30 ounces of silver in 2011 to as many as 120 ounces of silver in 2020 (Figure 2).
May 31, 2023 · The gold-silver ratio, also known as the mint ratio, refers to the relative value of an ounce of silver to an equal weight of gold. Put simply, it is the quantity of silver in ounces...
The gold-to-silver ratio is a financial metric that compares the price of gold to the price of silver. It is calculated by dividing the current market price of gold per ounce by the current market price of silver per ounce. The resulting ratio indicates how many ounces of silver are needed to purchase one ounce of gold.
Silver and gold prices share a correlation coefficient of 0.91. Industrial demand for silver accounts for 54% of aggregate demand for silver. To put this in perspective, industrial demand for gold accounts for only 10% of aggregate demand for gold.
