The Gold to Silver Ratio - September 13th 2022
Well I did not do a gold to silver ratio post over the weekend while gold and silver prices were taking the weekend off.
But as I am writing this the price of Gold is $1,720.73 while the price of Silver is $19.60 giving us a ratio of roughly 1:88.
To kinda represent this I have 1/10th oz of gold with 8.5 ozs of silver, which is a 1:85 ratio.
Gold and silver both saw a nice little pump today, silver was up over 6% at one point. For crypto, 6% is a normal day, but for gold and silver, moves like this are considered “big”.
What I really like in these pics is comparing the size of the sides of the gold coin to the sides of the 2 oz silver coin on the top of the picture. It is crazy how much of a difference there is. Honestly, I really want a 2 oz gold coin, I think that would be pretty badass!
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