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Silver vs Gold

olympicdragon

Published: 21 Feb 2022 › Updated: 21 Feb 2022Silver vs Gold

Silver vs Gold

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Today I like to show the difference between gold and silver, price were both the same. Approximately $80 each. Silver chain is 2 ounce or 63 grams, Gold is 2.5 grams.

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Gold is $1897 ounce or $61.02 gram.

Silver is $23.79 ounce or $0.77 gram.

Ratio 80-1

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When I bought the Silver chain, I paid 3 times the spot price because it was sold as a jewellery, which made it expensive.
The Gold only about 10% over spot price, due to extra premium on small bar. The bigger the Gold it's less premium. Now the Silver value is $47.58, Gold value is $152.55.

Thank you so much for looking at my blogs, next time I try to show you more silver and gold !

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