USD/troy ounce
Gold
4,103.13
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Precious Metals
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USD/troy ounce
Silver
59.87
Open SilverGold/Silver Ratio
The ratio compares the gold reference price with the silver reference price when both prices are available.
Gold/Silver RatioPrecious Metals
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Troy ounce and gram conversion
Gold and silver benchmarks are quoted per troy ounce. 1 troy ounce = 31.1034768 grams.
Gold/silver ratio explanation
The gold/silver ratio compares how many ounces of silver equal one ounce of gold based on reference prices.
Physical bullion and jewelry price differences
Coins, bars, jewelry, fabrication, dealer spreads, premiums, custody, delivery, and taxes can make physical prices differ from benchmark references.
Physical gold/silver price notice
Physical gold and silver products can include premiums, making charges, storage, delivery, dealer spreads, and local taxes.
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Frequently Asked Questions
What is a troy ounce?
A troy ounce is a precious-metals weight unit. 1 troy ounce = 31.1034768 grams.
Why can gold and silver physical product prices differ from benchmark prices?
Physical products can include fabrication, dealer spreads, premiums, shipping, storage, insurance, and taxes.
What is the gold/silver ratio?
It compares the gold reference price with the silver reference price to show how many ounces of silver equal one ounce of gold.
Are these prices the same as jewelry or bullion shop prices?
No. Jewelry and bullion products can include premiums, making charges, dealer margins, taxes, and product-specific costs.
How are gram and kilogram values calculated?
They are calculated from the troy ounce reference using 1 troy ounce = 31.1034768 grams.
Disclaimer
This page is for informational and calculation purposes only and is not investment, trading, financial, tax, or legal advice. Provider-based reference prices may differ from final quoted prices due to timing, market venue, liquidity, local taxes, fees, transportation costs, dealer spreads, premiums, and final purchase or contract terms.