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.

Leave a Reply

Your email address will not be published. Required fields are marked *