One matched-price ratio

Where the gold-to-silver ratio sits in 2025

In 2025, one ounce of gold equaled the annual-average price of 86.5 ounces of silver: 52% above the 1960–2025 median of 57.0 and only 1.8 below the annual-series high.

Coverage1960–2025 matched annual averagesPrimary sourceDerived from matched World Bank Pink Sheet pricesPublished2026-09-26
Gold-to-silver annual price ratio poster showing 86.5 to 1 in 2025. The calendar-spaced chart marks the 1968 low of 18.6, the 1991 high of 88.3, a median line at 57.0 and a shaded middle-half range of 36.0 to 72.9. The 2025 value ranks at the 97th percentile of 66 annual observations.
At 86.5:1, the 2025 annual ratio was 52% above its 1960–2025 median and close to the annual-series high.
Chart data and description

The ratio divides matched World Bank annual gold and silver prices. The chart labels the 57.0 median and 36.0–72.9 middle-half band; its 1968 low, 1991 high and 2025 endpoint are source-bound. The 97th percentile counts annual observations at or below 2025, including ties.

1960 ratio38.9:1Gold price ÷ silver price
2025 ratio86.5:1Matched annual averages
Series range18.6–88.31968 low · 1991 high
Annual gold-to-silver price ratioAnnual gold-to-silver price ratio from 1960 through 2025. It begins at 38.9:1, peaks at 88.3:1 in 1991, and ends at 86.5:1. 0:122.1:144.1:166.2:188.3:1Peak 88.3:1 · 199119601970198019902000201020202025
Annual gold-to-silver price ratio. Source values are available in the linked data table and downloads.

Sources, methods and reusable data

The chart, axes and labels come from the published data; the engraved artwork is decorative. Read the source notes or download the underlying data.

Suggested citation

Silver Per Capita. “Where the gold-to-silver ratio sits in 2025.” 2026-09-26. https://silverpercapita.com/infographics/gold-silver-ratio-1960-2025