Gold to Silver Ratio: Silver to Rise Above $30? | Chart of the Week

This week’s chart highlights silver and gold data from 1970-2020 in order to compare the historic gold to silver ratio. At current prices (as of October 20th) a reversion to the mean would imply that silver could appreciate to $32.66 which represents 32.7% upside from existing prices.  Analyst estimates continue to rise regarding silver, and it will be interesting to see if it can continue its strong performance through 2021.

Gold to Silver Ratio: Silver to Rise Above $30? | BullionBuzz Chart of the Week

Source: LBMA: BMG Group Inc.

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