The formula to calculate the Gold to Silver Ratio (GSR) is:
\[ GSR = \frac{GP}{SP} \]
Where:
The Gold to Silver Ratio (GSR) is a measure of the relative value of gold to silver. It is calculated by dividing the current price of gold by the current price of silver. This ratio is used by investors to assess the relative value of these two precious metals and to make informed decisions about buying or selling them.
Let's assume the following values:
Using the formula to calculate the Gold to Silver Ratio (GSR):
\[ GSR = \frac{2390.22}{28.12} \approx 85.00 \]
The Gold to Silver Ratio (GSR) is approximately 85.00.