See how many ounces of silver equal one ounce of gold using live Bullion Tracker spot prices.
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The ratio shows how many troy ounces of silver are needed to equal the price of one troy ounce of gold.
Example: if gold is £2,400/oz and silver is £30/oz, the ratio is 80:1. That means one ounce of gold is worth roughly 80 ounces of silver at spot.
A higher ratio usually means silver is cheaper compared with gold. A lower ratio usually means silver is stronger compared with gold.
Some stackers use the ratio as a rough guide when deciding whether to buy more gold, more silver, or swap between the two. It should never be used on its own.
These are broad guideposts, not exact trading rules.
Check the melt value of a coin, bar or round.
See how much over melt you are paying.
The gold silver ratio shows how many ounces of silver are needed to equal the value of one ounce of gold. A ratio of 80:1 means one ounce of gold has the same spot value as about 80 ounces of silver.
Stackers use it as a broad way to compare gold and silver rather than looking at each price in isolation.
A high ratio can suggest silver is weak compared with gold, but it is not a guarantee that silver will rise. The ratio is affected by investor demand, industrial demand, supply, currency movements and wider market conditions.
Use it as context, not as a buy or sell signal by itself.
Older monetary systems often used much lower ratios, while the modern market has moved through much wider ranges. In recent decades, ratios around 60–70 have often been treated as a broad middle area, with 90:1 or higher often viewed as silver being relatively weak against gold.
Use these tools alongside the Bullion Tracker coin and bar database.
It shows how many ounces of silver equal the value of one ounce of gold.
A high ratio can suggest silver is weak versus gold, but it is not a guaranteed signal.
Historically lower ratios have been below modern averages, but the market changes over time.
The ratio can help with research, but it should not be the only reason to buy or sell.
Last updated: 04 June 2026. Spot prices are provided for educational and tracking purposes only and may be delayed. Always check live dealer prices before buying or selling bullion.