Silver has broken through the $32 per troy ounce mark, but its relative underperformance versus gold means the gold-silver ratio is sitting at historically elevated levels. Here’s what that means for investors considering adding silver to their portfolio.
The gold-silver ratio currently sits at around 88:1 — meaning it takes 88 ounces of silver to buy one ounce of gold. Historically, this ratio has averaged closer to 60:1, suggesting silver is undervalued relative to gold on a historical basis.
