# Gold-silver relation

- Canonical URL: https://www.gerhardmerk.de/gold-silver-relation
- Post ID: 593206
- Modified: 2023-07-25T21:00:30+00:00
- Language: en

## Definition

From ancient documents and the books of the Old Testament, a value ratio of gold to silver can be calculated as 1 to 12. Both metals were used until modern times for the production of valuable coins; other precious metals - such as platinum - were still unknown or too expensive to produce according to the state of metallurgy at that time. - On average, from the 13th century to the 16th century, the price ratio of gold to silver was 1 to 10.5. For the 19th century, a ratio of 1 to 15.3 is mentioned. Experts assume that in 2010 a good 85 percent of the world's possible gold reserves were mined. The price ratio of both metals in 2006 was about 1 to 37. - See chrysocracy, gold price, value relativity. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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