Gold/silver ratio
Gold/silver ratio today
How many ounces of silver it takes to buy one ounce of gold. Live from spot prices, with the official monthly ratio back to 1960.
Live ratio
—
Gold — ÷ silver —
Official, September 2026
66.9
From World Bank monthly averages
Long-run averages
- Since 1960
- 55.4
- Last 30 years
- 67.6
- Last 10 years
- 80.7
Connecting to price feed…
What the ratio tells you
The ratio is the gold price divided by the silver price. At a ratio of 80, one ounce of gold buys 80 ounces of silver.
A high ratio means silver is cheap compared with gold, by its own history. A low ratio means silver is relatively expensive.
The ratio says nothing about whether either metal is cheap or expensive in dollars. It is a comparison, not a forecast.
- Highest month since 1960
- 111.5
- April 2020
- Lowest month since 1960
- 16.4
- June 1968
Gold/silver ratio since 1960
Monthly, from official World Bank average prices.
50100
197019801990200020102020
| Year | Average | Highest month | Lowest month |
|---|---|---|---|
| 2026 (9 mo) | 62.6 | 69.3 | 51.6 |
| 2025 | 88.1 | 100.9 | 69.2 |
| 2024 | 84.7 | 89.1 | 78.6 |
| 2023 | 83.1 | 87.0 | 80.0 |
| 2022 | 83.1 | 90.7 | 77.0 |
| 2021 | 71.8 | 79.6 | 66.2 |
| 2020 | 88.8 | 111.5 | 72.9 |
| 2019 | 85.9 | 90.6 | 82.8 |
| 2018 | 80.9 | 84.8 | 77.7 |
| 2017 | 73.8 | 78.0 | 68.9 |
| 2016 | 73.2 | 80.3 | 66.8 |
| 2015 | 73.9 | 76.3 | 71.4 |
| 2014 | 66.7 | 73.7 | 62.5 |
| 2013 | 59.7 | 65.3 | 53.7 |
| 2012 | 53.8 | 58.2 | 50.8 |
| 2011 | 45.0 | 54.1 | 34.7 |
| 2010 | 62.0 | 68.9 | 47.5 |
| 2009 | 67.0 | 76.0 | 60.6 |
| 2008 | 60.4 | 79.2 | 50.2 |
| 2007 | 52.1 | 56.2 | 47.8 |
| 2006 | 52.7 | 60.4 | 47.4 |
| 2005 | 61.0 | 64.2 | 59.0 |
| 2004 | 61.7 | 66.4 | 56.5 |
| 2003 | 74.6 | 79.1 | 72.0 |
| 2002 | 67.6 | 72.2 | 62.7 |
| 2001 | 61.8 | 67.3 | 56.4 |
| 2000 | 56.3 | 58.9 | 54.6 |
| 1999 | 53.4 | 57.6 | 48.5 |
| 1998 | 53.4 | 59.6 | 43.7 |
| 1997 | 67.9 | 74.0 | 49.8 |
| 1996 | 74.7 | 78.8 | 71.1 |
| 1995 | 74.0 | 83.0 | 68.8 |
| 1994 | 72.8 | 79.0 | 69.8 |
| 1993 | 83.9 | 91.7 | 76.6 |
| 1992 | 86.9 | 90.8 | 82.2 |
| 1991 | 89.8 | 98.4 | 83.4 |
| 1990 | 79.6 | 92.0 | 71.8 |
| 1989 | 69.3 | 73.0 | 65.0 |
| 1988 | 67.1 | 71.2 | 62.6 |
| 1987 | 64.5 | 74.2 | 54.1 |
| 1986 | 67.7 | 75.7 | 57.5 |
| 1985 | 51.9 | 54.6 | 49.0 |
| 1984 | 44.5 | 48.5 | 41.0 |
| 1983 | 37.4 | 43.4 | 33.6 |
| 1982 | 47.9 | 56.3 | 42.0 |
| 1981 | 44.4 | 48.8 | 37.6 |
| 1980 | 32.0 | 40.5 | 17.4 |
| 1979 | 29.7 | 36.6 | 20.2 |
| 1978 | 35.6 | 38.5 | 33.7 |
| 1977 | 31.9 | 34.0 | 30.0 |
| 1976 | 28.6 | 32.0 | 24.6 |
| 1975 | 36.6 | 41.9 | 32.0 |
| 1974 | 34.2 | 41.8 | 27.8 |
| 1973 | 38.2 | 46.2 | 32.5 |
| 1972 | 34.5 | 38.8 | 30.6 |
| 1971 | 26.9 | 33.1 | 22.9 |
| 1970 | 20.3 | 23.1 | 18.4 |
| 1969 | 22.9 | 26.3 | 19.4 |
| 1968 | 18.1 | 20.5 | 16.4 |
| 1967 | 23.2 | 26.9 | 16.7 |
| 1966 | 26.9 | 26.9 | 26.9 |
| 1965 | 26.9 | 26.9 | 26.9 |
| 1964 | 26.9 | 26.9 | 26.9 |
| 1963 | 27.1 | 29.2 | 26.9 |
| 1962 | 32.8 | 35.0 | 29.2 |
| 1961 | 38.6 | 38.9 | 35.0 |
| 1960 | 38.9 | 38.9 | 38.9 |
Where these numbers come from
- Official monthly prices
- World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Monthly averages in US dollars per troy ounce. Latest month: September 2026, published October 02, 2026. Refreshed every time the site is rebuilt.
- Live spot price
- A market price feed, refreshed every minute, with its update time shown. No government publishes a live price: spot prices are set by trading on exchanges.
- What we never do
- Fill a gap with a guess. If a source is down, the number shows “—” and we say why.