Gold vs silver, Oct. 6 -- The gold-silver ratio, a closely watched indicator in the precious metals market, remained volatile in 2026 as gold and silver prices reacted to shifting geopolitical risks, changing expectations around central bank policy and evolving investor sentiment. On Tuesday, the ratio rose to 68.

The ratio measures the number of ounces of silver needed to buy one ounce of gold. A rising ratio generally means gold is outperforming silver, while a falling ratio indicates that silver is gaining relative strength. Investors often track the indicator to assess the relative valuation of the two metals and identify potential opportunities to rebalance their portfolios.

The gold-silver ratio shows how many ounces of silver are...