85 to 1
Hi friends,
The current gold to silver ratio is about 85 ounces of silver to each 1 ounce of gold:
Based on the historical usual range of 50-70 to 1, the price of silver would need to be closer to $55 per ounce today be be in the range, representing a price increase of 77% from the current price of $31.
Let’s hope silver can get some legs and get there soon!
Thanks for coming by,
Brian
Silver will go up but we never can tell if will happen very soon
0.00 SBD,
0.04 STEEM,
0.04 SP
The correct information is always written to us.
0.00 SBD,
0.04 STEEM,
0.04 SP