What is the gold/silver ratio?

The gold/silver ratio is the price of one ounce of gold divided by the price of one ounce of silver — it tells you how many ounces of silver it takes to buy one ounce of gold. A higher ratio means silver is relatively cheaper to gold; a lower ratio means the opposite. Stackers watch it as a relative-value gauge between the two metals.

What does a high or low gold/silver ratio mean?

A high ratio means it takes more ounces of silver to buy an ounce of gold, so silver is relatively cheap to gold. A low ratio means silver is relatively expensive. Many stackers watch the extremes as a swap signal between the two metals.

What is a normal gold/silver ratio?

There is no fixed normal. Over the last century the ratio has ranged from about 15:1 to above 120:1, spending much of the modern era between 50:1 and 90:1. What matters is where today's reading sits within that range.

COMEX metals

Gold/Silver Ratio

The gold/silver ratio today is 68.6:1. It takes 68.6 ounces of silver to buy one ounce of gold (gold $4,096, silver $60, as of June 27, 2026).

68.6

ounces of silver to buy one ounce of gold

Gold / silver ratio

68.6

Spot gold

$4,096

Spot silver

$60

Historically the ratio has swung from roughly 15:1 up to more than 120:1. A high ratio means silver is relatively cheap to gold; a low ratio means the opposite. Stackers use it as a relative-value gauge between the two metals, not a price forecast.

Frequently asked

What is the gold/silver ratio today?: The gold/silver ratio today is 68.6:1. It takes 68.6 ounces of silver to buy one ounce of gold (gold $4,096, silver $60, as of June 27, 2026).
What is the gold/silver ratio?: The gold/silver ratio is the price of one ounce of gold divided by the price of one ounce of silver — it tells you how many ounces of silver it takes to buy one ounce of gold. A higher ratio means silver is relatively cheaper to gold; a lower ratio means the opposite. Stackers watch it as a relative-value gauge between the two metals.
What does a high or low gold/silver ratio mean?: A high ratio means it takes more ounces of silver to buy an ounce of gold, so silver is relatively cheap to gold. A low ratio means silver is relatively expensive. Many stackers watch the extremes as a swap signal between the two metals.
What is a normal gold/silver ratio?: There is no fixed normal. Over the last century the ratio has ranged from about 15:1 to above 120:1, spending much of the modern era between 50:1 and 90:1. What matters is where today's reading sits within that range.

Ratio computed from COMEX front-month spot gold and silver prices, as of June 27, 2026. Figures update intraday.