One Ounce Silver Eagles outsell One Ounce Gold Eagles 76.4 to 1 at the U.S. Mint in January
The Gold/Silver Ratio was 64.98/1 in January
U.S. Mint Starts 2014 with Strong Sales of Physical Gold and Silver Bullion
Retail investors take advantage of lower bullion prices to buy physical silver and gold in large quantities
U.S. Mint sells 4,775,00 one ounce Silver Eagles and 62,500 one ounce Gold Eagles
Total January 2014 Gold Bullion Sales at the U.S. Mint: 133,000 ounces, including 200,000 fractional ounce gold Eagles (totaling 29,000 ounces*) and 41,500 24K one ounce Buffalo coins
Total January 2014 Silver Bullion Sales at the U.S. Mint: 4,775,000 ounces**
Last year we started tracking the silver to gold sales ratio as measured by the sales of physical gold bullion vs. sales of physical silver bullion at the U.S. Mint. We track the sales of one ounce American Gold Eagles vs. one ounce American Silver Eagles. We now provide this data from 2008 through January 2014 and compare it to the gold/silver ratio that measures how many ounces of silver it takes to purchase one ounce of gold.