Historical Gold-to-Silver Ratio (USD) | Chart of the Week
This historical gold-to-silver ratio chart has been updated to month end January 2021 and shows that upside still exists for silver if reversion to mean were to occur.
Even with silver prices rising and gold prices dropping off a little, the current gold-to-silver ratio of 67.98 is still higher than the historical average of 58.90 which means we may still have some upside left to be seen in silver throughout 2021.
Source: LBMA; BMG Group Inc.