Gold-to-silver ratio history since 1960
Gold price divided by silver price using matched World Bank observations in the same unit.
Coverageannual 1960–2025; archived monthly to July 2026
Primary sourceDerived from World Bank Pink Sheet
Released2026-08-11
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 |