If the ratio is at 60 to 1, this means it would take 60 ounces of silver to buy one ounce of gold.
Gold jewelry remains popular in the western world due to its beauty and status, but in many parts of the world particularly in India and China gold jewelry is bought as a store of wealth.
Gold and silver bullion are very competitive markets these days.
If you have any trouble, please contact us at.
The dollar can be subdivided into 100 smaller units of currency called cents, and the paper currency is made up of Federal Reserve Notes that are denominated in dollars.
Gold bullion is available in the form of coins, rounds, and bars.