gold/silver ratio

gold/silver ratio definition - finance
The price of gold divided by the price of silver. The result is the number of silver ounces that are required to buy one ounce of gold using current prices. The gold/silver ratio is a frequently traded precious-metals spread. If the ratio is expected to decline, traders sell gold futures while buying silver futures, and vice versa.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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