Copper $ 5.4373 / lb 1.43%
Brent Crude Oil $ 63.23 / bbl -0.11%
Palladium $ 1504.75 / ozt 1.54%
Crude Oil $ 59.59 / bbl -0.18%
Natural Gas $ 5.057 / Btu -0.39%
Silver Futures $ 58.63 / ozt 1.86%
Aluminum Futures $ 2918.5 / ton 0.11%
Micro Gold Futures $ 4254.7 / ozt 0.39%
Micro Silver Futures $ 58.63 / ozt 1.92%
Platinum $ 1666.95 / ozt 0.21%
Gold Futures $ 4254.8 / ozt 0.36%
Go to MDC Markets

Where does the gold:silver ratio go from here?

Mineweb | March 11, 2011 | 8:06 am Precious Metals Gold Silver 

The gold:silver ratio, which describes silver's buying power by dividing the per-ounce price of gold by that of silver, has averaged 60:1 over the past 35 years, meaning it's taken 60 ounces of silver to purchase one ounce of gold....

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