Silver Price
The Price of Silver
Before you buy Silver you should understand that the spot silver price can be volatile, as it fluctuates between industrial usage and a permanent store of value.
At times this can cause wide-ranging valuations in the market, creating volatility. Silver often tracks the gold price due to store of value demands, although the ratio can vary.
The Gold/Silver Ratio
The gold/silver ratio is often analyzed by traders and investors and buyers.
More Gold / Silver ratio charts here
The ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803.
The average gold/silver ratio during the 20th century was 1:47.
