The Gold Silver Ratio is one of the key metrics studied by precious metals investors, and for good reason. This ratio of the gold price to the silver price has a wonderful track record of flagging not just the obvious relative price of each metal but also shares a strong correlation with the general precious metals markets rallying or turning bearish, i.e. a dropping GSR tends to see both metals rallying and vice versa but silver goes harder on the drop.
Link to charts and images.