Tuesday, 28 October 2014

Gold/Silver Ratio Beginning to Spike to Near 2009 Levels!

Gold/Silver ratio is beginning to spike to near 2009 levels
Gold/Silver Ratio Beginning to Spike to Near 2009 Levels
The Gold/Silver ratio is something that is often overlooked by silver investors. For a long term saving strategy of Gold and Silver it is not always necessary to pay attention to the price only.

The Gold/Silver Ratio is calculated by dividing the current gold price by the current silver price. Right now the gold price is hovering around £760, while the silver price is £10.65.
This gives us a gold/silver ratio of over 70!

Looking back over the trends from the previous 10 years, we can see that the current gold/silver ratio of 70 is nearing (by 13 points) that of 2009 during the economic downturn. This may be a time to buy silver over gold.

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