What is the spot price of silver?

The spot price of silver is an important benchmark for the silver bullion industry. The spot price is the price that silver will sell on the spot, that very day. It is an indicator for the entire precious metals industry and a standard used by dealers to set their premium prices in order to sell to consumers.

Is gold more valuable than silver?

Gold has always been more highly valued than silver, but as each metal fluctuates in price, the ratio between the two also changes. A gold/silver ratio of 80 or more has historically served as a reliable signal that the price of silver is about to rise or the price of gold is about to fall.

How do you predict gold and silver prices?

Predicting gold and silver prices thus depends on a number of factors, but primarily they involve one’s outlook for the future. The research we’ve done at GoldSilver shows that financial risks are high right now, and if any of them lead to a crisis, investors will seek the refuge of gold and silver and drive their prices higher.

How do you calculate the gold/silver ratio?

To calculate the gold/silver ratio, simply divide the price of gold by the price of silver. Gold has always been more highly valued than silver, but as each metal fluctuates in price, the ratio between the two also changes.