Mint Ratio

Filed Under » ,
Dictionary Says

Definition of 'Mint Ratio'

1. The price of an ounce of gold divided by the price of an ounce of silver. The mint ratio aims to examine the relationship between gold and silver prices.

2. A fixed rate of exchange for gold and silver.
Investopedia Says

Investopedia explains 'Mint Ratio'

As a large producer of both gold and silver, the United States at one time participated in bimetallism, a monetary standard where the value of the country's monetary unit is defined as the equivalent of either a certain quantity of gold or silver. Such a system establishes a fixed rate of exchange for the two metals - or a mint ratio. If the mint ratio was 15, for example, one could trade 15 ounces of silver for one ounce of gold. Gold and silver are measured in units called a "troy ounce," which is equal to 31.1034768 grams.

Articles Of Interest

  1.

    The Gold Standard Revisited

    Think the value of gold is unshakable? Read this chronicle of its rise and fall.

  2. Trading Gold And Silver Futures Contracts

    If you are a hedger or a speculator, gold and silver futures contracts offer a world of profit-making opportunities.

  3. Why Gold Matters

    Gold is a very useful investment during periods of instability and high inflation.

  4. Trading The Gold-Silver Ratio

    This method may seem arcane, but many well-established strategies rely on it.

  5. Is The Gold Pain Over?

    After falling more than 13%, gold has staged a rebound but is that for fundamental reasons or the work of value investors? Will gold reward investors who didn't give up or is there more pain ...

  6. What Is Wrong With Gold?

    Despite its historic and symbolic appeal, this metal is simply a commodity. Here we explore its meaning as an investment.

  7. The Best Way To Buy Silver

    Discover whether ETFs or physical bullion is the best way for investors to get exposure to silver.

  8. The Most Affordable Way to Buy Gold: Physical Gold or ETFs?

    Investing in gold has never been easier than it is today. Check out this article to learn more about gold ETFs and other ways that you can add gold to your portfolio.

  9. The Biggest Risks Mining Stocks Face

    In this article, we will look at risks shared by major and junior mining stocks and what they mean to investors.

  10. The Riskiest Investment Moves for Retirement That Could Pay Off

    Before incurring additional risks in your retirement portfolio, be sure to understand the alternatives and the consequences of your strategy.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Yield Elbow

    The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, signifying where the highest interest rates occurred.

  2. Xenocurrency

    A currency that trades in markets outside of its domestic borders.

  3. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.

  4. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.

  5. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.

  6. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.
Trading Center
http://sp.fastclick.net/ad/tr/10858-64082-15546-0?mpt=2156189dc391665ed799cb9ea819dfa1