Markets & Investing
Gold silver ratio
Use this gold silver ratio calculator with refreshed USD spot quotes or matching entered prices to compare gold and silver on the same fine-troy-ounce basis.
Your inputs
Complete only the fields for your selected method. Use one consistent job or reporting period. Zero means intentionally zero, not unknown. Missing costs and market rates are not added automatically. Currency selection labels amounts; it does not convert exchange rates.
How this calculation works
gold–silver ratio = gold price per fine troy ounce / silver price per fine troy ounce; scenario gold price = chosen ratio × silver price
Both prices must have the same currency, fine-metal weight basis and matching observation time. A ratio is descriptive, not a buy/sell signal. Hypothetical prices hold the other metal fixed; they are not forecasts. Educational arithmetic from entered figures, not an investment recommendation, valuation opinion, forecast or guarantee. Taxes, inflation and foreign-exchange changes are excluded unless explicitly entered. Use one currency throughout; currency selection only changes labels.
What information do I need?
Use records for the same job, equipment or accounting period. Only the fields for your selected entry method are required. An unknown amount is not zero.
Input definitions and where to find them
- Gold spot per fine troy ounce (selected currency): Use matching records or an explicitly identified assumption for gold spot per fine troy ounce. Unknown is not the same as zero.
- Silver spot per fine troy ounce (selected currency): Use matching records or an explicitly identified assumption for silver spot per fine troy ounce. Unknown is not the same as zero.
- Comparison ratio (not a recommendation) (silver oz per gold oz): Use matching records or an explicitly identified assumption for comparison ratio (not a recommendation). Unknown is not the same as zero.
Use the Where to find this value controls beside the inputs for available work-it-out helpers. Estimates remain your assumptions; a helper does not verify the source figures.
Worked example
Example amounts use US dollars (USD).
Example answer: Gold–silver price ratio is 100.000000 silver oz per gold oz for the illustrative inputs below.
Example inputs
- Gold spot per fine troy ounce: $3,000.00
- Silver spot per fine troy ounce: $30.00
- Comparison ratio (not a recommendation): 80.00 silver oz per gold oz
- Gold–silver price ratio
- 100.000000 silver oz per gold oz
- Gold price at entered comparison ratio, holding silver fixed
- $2,400.00
- Silver price at entered comparison ratio, holding gold fixed
- $37.50
These illustrative values are not recommended rates or industry averages. Replace every example input with your own figures.
Use the result well
Use this gold silver ratio calculator with refreshed USD spot quotes or matching entered prices to compare gold and silver on the same fine-troy-ounce basis.
Keep inputs on the same scope and time basis. Calculations retain precision internally; displayed values generally round to two decimal places, with extra precision for very small values and whole-unit rounding where required. Economic comparisons describe your supplied assumptions and do not guarantee future results.
This tool provides business arithmetic. It does not approve engineering designs, establish legal or tax treatment, select equipment or certify safe operating conditions.