WolveDetails If silver was priced according to production ratio today, when gold is at US$2,000 silver would be around US$240, or US$222 at 1:9. However, the gold to silver pricing ratio has actually sat around 1:80 to 1:90 recently, and when gold moved above US$2,000 in May 2023, silver was around US$25. Additionally, even if pricing did change drastically to reflect production rates, gold would need to climb around 500 percent from its current price to hit the US$10,000 Neumeyer mentioned back in 2016. © 2024 Kitco Metals Inc. Details © 2023 Kitco Metals Inc. 620 Cathcart, Suite #900, Montreal, Quebec, H3B 1M1 Canada. A FREE roundup of top news from Guyana you might otherwise miss. Delivered every morning. “The ECB did surprise the market with a 50 basis point (bp) hike, it is a little unsettling because the reason banks are in trouble is because of rates rising too fast,” said Jim Wycoff, senior analyst at Kitco Metals.
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