Gold, silver and the dollar

The gold/silver ratio shows how many ounces of silver one ounce of gold buys; both metals are priced in US dollars.

What it means

A rising ratio means gold did better than silver; a stronger dollar has often weighed on gold and on crypto.

What to watch

The direction of the ratio and of the dollar over months; these are tendencies that change, not rules.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.