Data, charts and source notes
Gold-to-silver ratio history since 1960
Gold price divided by silver price using matched World Bank observations in the same unit.
Coverage1960 to July 2026
Primary sourceDerived from World Bank Pink Sheet
Released2026-08-11
Relative price
Annual gold-to-silver ratio
A value of 80 means one troy ounce of gold had the same period-average price as 80 troy ounces of silver.
View all 66 annual observations
| Year | Gold (USD/oz) | Silver (USD/oz) | Ratio |
|---|---|---|---|
| 1960 | $35.00 | $0.90 | 38.9:1 |
| 1961 | $35.00 | $0.90 | 38.9:1 |
| 1962 | $35.00 | $1.10 | 31.8:1 |
| 1963 | $35.00 | $1.30 | 26.9:1 |
| 1964 | $35.00 | $1.30 | 26.9:1 |
| 1965 | $35.00 | $1.30 | 26.9:1 |
| 1966 | $35.00 | $1.30 | 26.9:1 |
| 1967 | $35.00 | $1.50 | 23.3:1 |
| 1968 | $39.00 | $2.10 | 18.6:1 |
| 1969 | $41.00 | $1.80 | 22.8:1 |
| 1970 | $36.00 | $1.80 | 20:1 |
| 1971 | $41.00 | $1.50 | 27.3:1 |
| 1972 | $58.00 | $1.70 | 34.1:1 |
| 1973 | $97.00 | $2.60 | 37.3:1 |
| 1974 | $159.00 | $4.70 | 33.8:1 |
| 1975 | $161.00 | $4.40 | 36.6:1 |
| 1976 | $125.00 | $4.40 | 28.4:1 |
| 1977 | $148.00 | $4.60 | 32.2:1 |
| 1978 | $193.00 | $5.40 | 35.7:1 |
| 1979 | $307.00 | $11.10 | 27.7:1 |
| 1980 | $608.00 | $20.80 | 29.2:1 |
| 1981 | $460.00 | $10.50 | 43.8:1 |
| 1982 | $376.00 | $7.90 | 47.6:1 |
| 1983 | $423.00 | $11.40 | 37.1:1 |
| 1984 | $360.00 | $8.10 | 44.4:1 |
| 1985 | $318.00 | $6.10 | 52.1:1 |
| 1986 | $368.00 | $5.40 | 68.1:1 |
| 1987 | $446.00 | $7.00 | 63.7:1 |
| 1988 | $437.00 | $6.50 | 67.2:1 |
| 1989 | $381.00 | $5.50 | 69.3:1 |
| 1990 | $383.00 | $4.80 | 79.8:1 |
| 1991 | $362.00 | $4.10 | 88.3:1 |
| 1992 | $344.00 | $3.90 | 88.2:1 |
| 1993 | $360.00 | $4.30 | 83.7:1 |
| 1994 | $384.00 | $5.30 | 72.5:1 |
| 1995 | $384.00 | $5.20 | 73.8:1 |
| 1996 | $388.00 | $5.20 | 74.6:1 |
| 1997 | $331.00 | $4.90 | 67.6:1 |
| 1998 | $294.00 | $5.60 | 52.5:1 |
| 1999 | $279.00 | $5.20 | 53.7:1 |
| 2000 | $279.00 | $5.00 | 55.8:1 |
| 2001 | $271.00 | $4.40 | 61.6:1 |
| 2002 | $310.00 | $4.60 | 67.4:1 |
| 2003 | $364.00 | $4.90 | 74.3:1 |
| 2004 | $409.00 | $6.70 | 61:1 |
| 2005 | $445.00 | $7.30 | 61:1 |
| 2006 | $604.00 | $11.60 | 52.1:1 |
| 2007 | $697.00 | $13.40 | 52:1 |
| 2008 | $872.00 | $15.00 | 58.1:1 |
| 2009 | $973.00 | $14.60 | 66.6:1 |
| 2010 | $1,225.00 | $20.20 | 60.6:1 |
| 2011 | $1,569.00 | $35.20 | 44.6:1 |
| 2012 | $1,670.00 | $31.10 | 53.7:1 |
| 2013 | $1,411.00 | $23.80 | 59.3:1 |
| 2014 | $1,266.00 | $19.10 | 66.3:1 |
| 2015 | $1,161.00 | $15.70 | 73.9:1 |
| 2016 | $1,249.00 | $17.10 | 73:1 |
| 2017 | $1,258.00 | $17.10 | 73.6:1 |
| 2018 | $1,269.00 | $15.70 | 80.8:1 |
| 2019 | $1,392.00 | $16.20 | 85.9:1 |
| 2020 | $1,770.00 | $20.50 | 86.3:1 |
| 2021 | $1,800.00 | $25.20 | 71.4:1 |
| 2022 | $1,801.00 | $21.80 | 82.6:1 |
| 2023 | $1,943.00 | $23.40 | 83:1 |
| 2024 | $2,388.00 | $28.30 | 84.4:1 |
| 2025 | $3,442.00 | $39.80 | 86.5:1 |