# The Price Of Silver Seen Through The Gold/Silver Price Ratio

## Gold/Silver ratio suggests much higher future price of silver****__

The price ratio of gold to silver has fallen precipitously in bull markets for the metals, which means that the silver price could have an upwards move at four times the rate of any gold price increase.

On Wednesday, September 30, 2009 gold closed at $1,008 and silver at$16.636 per ounce with a 62,5 ratio while on Wednesday, December 23 of the same year gold closed at $1093.30 and silver at$17.175 per ounce with a 63.66 ratio.

All time high prices of gold and silver in 2011 had a ratio around 40, while for 2013 bottom prices the ratio was 63.

## Gold/Silver ratio suggests much higher future price of silver

Based on the long-term historical average ratio, with the price of gold around $1,350, the price of silver should be around$84. It’s not, of course, it’s around \$20.5 with a ratio of almost 66, which influences the silver-to-gold ratio heavily in silver’s favor. Further widening of this ratio is almost impossible, while a short term reaction towards a ratio close to 60 would be a rational move to the right direction.

Given this perspective, silver prices are going much, much higher in the following years, and it’s still a great idea to hedge your portfolio from the currency risks that most experts believe are very real. You can do so easily and safely by choosing a reputable seller such as coininvest.com and taking a position in silver today.

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