So far in 2016, the SGR has averaged 79.5. In other words, it takes 79.5 ounces of silver to equal the value of a single ounce of gold. Since gold is silver’s dominant driver, these metals’ prices have always been closely related. The SGR quantifies this critical relationship, and is actually an outstanding trading tool. It reveals when silver is undervalued or overvalued relative to gold, ideal times to buy low and sell high. Read article