Live gold silver ratio
Gold Silver Ratio Today
The gold silver ratio is 68.4 today: one ounce of gold at $4,141.80 buys 68.4 ounces of silver at $60.52. Computed live from spot, with the conversion both ways.
The gold silver ratio is the price of an ounce of gold divided by the price of an ounce of silver — how many ounces of silver one ounce of gold would buy at today's spot prices. It has no units and no opinion in it; it is the exchange rate between the two metals.
People watch it to judge which metal is cheap relative to the other by its own history. That is all it measures. It does not say which metal will rise, and it can stay far from any "normal" level for years. The history of where it has been, and what followed, is covered in the gold silver ratio history linked below.
Gold silver ratio
68.4
oz of silver per oz of gold
Gold spot
$4,141.80
per troy ounce
Silver spot
$60.52
per troy ounce
Spot from gold-api.com, captured Oct 3, 2026, 10:38 PM UTC.
Convert at today's ratio
At spot on both sides. A real switch between physical metals also pays the dealer spread on each leg.
1 troy ounce of gold is worth 68.4 troy ounces of silver at today's spot, $4,141.80 either way.
What the number does and does not say
A reading of 68.4 says silver costs 1.46% of gold per ounce today. Whether that is cheap or dear depends on the period you compare it with: the United States fixed the ratio at 15 to 1 in 1792, and since the metals have floated it has ranged much wider in both directions. The ratio falls when silver outruns gold and rises when it lags — including when both are falling — so it describes relative value, not direction.
FAQ
Frequently asked questions
What is the gold silver ratio today?
68.4, from gold at $4,141.80 and silver at $60.52 a troy ounce. Put the other way, one ounce of silver is worth 0.0146 ounces of gold.
How is the gold silver ratio calculated?
Divide the spot price of gold per troy ounce by the spot price of silver per troy ounce. Both must be in the same currency and the same unit; the currency cancels out, so the ratio is the same in dollars, euros or yuan.
Is a high gold silver ratio a signal to buy silver?
It is a signal that silver is cheap relative to gold compared with where the ratio has been — not that silver will rise, and not when. A high ratio can fall because silver rises, because gold falls, or both, and it can stay high for a long time. Treat it as context for a decision about which metal to hold, not as a timing rule.
What does it cost to switch between gold and silver on the ratio?
More than the ratio suggests. Swapping physical metal means selling one at the dealer's bid and buying the other at the ask, and silver's premiums over spot are usually a larger share of its price than gold's. The converter above is at spot on both sides; a real switch loses the spread on each leg, so the ratio has to move by more than those two spreads before the switch pays.
What was the historical gold silver ratio?
The United States fixed it at 15 to 1 in the Coinage Act of 1792, and bimetallic standards held it in that region through much of the 19th century. Since the metals have floated freely it has moved far more widely in both directions. The history page below walks through the extremes and what followed them.
Related Reading
History, and the metals one at a time
Gold Silver Ratio History
Where the ratio has been since fixed coinage ratios ended, its extremes, and what followed them.
Gold vs Silver: Which Makes More Sense
The ratio is one input; volatility, storage and how you would sell matter more to which metal fits.
Gold Price Per Gram by Karat
Today's gold price per gram, pennyweight and troy ounce for 10k to 24k.
Silver Price Per Gram
Today's silver price per gram and per kilo for fine, sterling and coin silver.