Data history
Gold-to-silver ratio history: regimes, peaks, and troughs
A measured history of gold-silver ratio regimes using consistent World Bank monthly price data.
What changed
The history now uses one consistent monthly data source through August 2026 rather than mixing anecdotal intraday peaks with annual averages.
Why it matters
Window choice changes the answer: the latest monthly observation ranked near the lower part of the 5- and 10-year samples but near the middle of the 20-year sample.
- 1 year: range 51.6–85.7.
- 5 years: range 51.6–100.9.
- 10 years: range 51.6–111.5.
- 20 years: range 34.7–111.5.
Historical context
Precious-metals markets mix a globally traded raw material, manufactured investment products, and retail distribution. The price of the metal and the price a buyer actually pays can therefore diverge for long periods.
What could change the conclusion
The past may not bound the future. New industrial uses, above-ground inventories, market structure, and official-sector demand can shift the relationship.
Reproducible by design
Methodology and limitations
- Divide monthly nominal gold price by monthly nominal silver price.
- Ranges include the trailing 12, 60, 120, or 240 observations through August 2026.
- Dates attached to extremes refer to monthly averages, not intraday records.
Educational information only. GoldKnows does not provide individualized investment, tax, legal, appraisal, custody, or trading advice.
Evidence ledger