What is the Gold Silver ratio?

Gold Silver Ratio Explained The gold silver ratio is the amount of silver it takes to purchase one ounce of gold. If the gold-to-silver ratio was 74.65 to 1. That means at the current price it would take 74.65 ounces of silver to buy 1 ounce of gold. Today’s Gold to Silver ratio = 74.65…

How is the price of Gold set?

The price of physical gold and gold futures is determined by the London Gold Fix which is known as the LBMA Gold Price. The LBMA Gold Price is set twice a day and is used by refiners, large jewelry manufacturers, asset managers, central banks and investors. Since 1968, there have been two fixes a day,…