Gold-Silver Ratio Set to Drop to Near Five-Year Low as Silver Spot Price Outperforms Gold

BlockBeats News, December 22, according to market data, the Gold/Silver Ratio is about to drop to a nearly five-year low, currently at 60.027.

Despite the recent record highs in the price of gold, the price of silver has also reached new highs with even greater gains. Today, spot gold broke above $4400 per ounce for the first time, up nearly 68% year-to-date, while spot silver broke above $69 per ounce for the first time, up nearly 139% year-to-date.