Silver Rises Over 120% YTD 
Early Friday morning the gold to silver ratio hit 100 to 1.
This ratio represents how many ounces of silver it takes to purchase one ounce of gold. A ratio of 100 means that gold is trading at 100 times the price of silver, which is historically high.
The long-term average over the past century has typically ranged between 40 to 60, making the current level notable for investors.
A high ratio often suggests that silver may be undervalued relative to gold, potentially signaling a buying opportunity for silver or indicating unusual market conditions in precious metals.
