Why Buy Silver?
The relationship between the price of gold and silver is also an important influence on silver prices today. Called the gold/silver ratio, the figure depicts the number of ounces of silver that it would require to purchase one ounce of gold. When the ratio is high, it indicates that silver is selling at bargain rates. This year, the ratio hit an extreme high of 74, with the average over the past century being between 47 and 50.
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