Gold-to-Silver Ratio Drops to Lowest Level Since 2014 as Silver Outpaces Gold

The gold-silver ratio fell to 62.35 on Dec. 24, marking its lowest level since July 2014, as silver prices saw significant gains in 2025.

Summary

On Dec. 24, market data revealed the gold-to-silver ratio dropped to 62.35, the lowest since July 2014, compared to a high of 106 in late April 2025. This change reflects a surge in silver prices, which outpaced gold's growth this year.

Terms & Concepts
  • Gold-to-Silver Ratio: A measure indicating how many ounces of silver are needed to buy one ounce of gold, used to track relative values of the two metals.
  • Spot Gold: The current market price for immediate delivery of gold, quoted per ounce.
  • Spot Silver: The current market price for immediate delivery of silver, quoted per ounce.