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
1970	35.9635	35.9501	35.9568	1.765749	20.36
1971	38.275	38.15	38.2125	1.537	24.86
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