Precious Metals Market Report for 14 May 2018
Precious metals overview
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Change since previous close
YTD change
XAU index
Overview
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Top/flop 5
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Crypto/gold ratio
Daily Bitcoin/Gold ratio
One bitcoin buys 6.72 ounces of gold today.(Zoom in.)
Daily Ethereum/Gold ratio
One ethereum buys 0.56 ounce of gold.(Zoom in.)
You can see that this ratio topped at 1.05 ounces and then it dropped hard. This is remarkable because Bitcoin did the same thing when it touched 1.05 ounces of gold back in march 2013. Watch here!
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