Silver vs Gold - Price Rate of Change Comparison

Range
Correlation coefficient: 0.611425

Description: Monthly comparison between the rate of change in the price of Silver versus the rate of change in the price of Gold



Rate of ChangePrice Ratio

Source: Platts Metals Week; Metals Week; Metals Statistics; American Metal Market, Australian Mineral Economics Pty. Ltd.,The Silver Institute, Silver World Supply & Demand, London Bullion Market; Thomson Reuters Datastream; World Bank.

See also: Mineral production statistics

See also: Top commodity suppliers

See also: Commodities glossary - Definitions of terms used in commodity trading

MonthSilver Price (Australian Dollar per Metric Ton)Gold Price (Australian Dollar per Troy ounce)Silver ROCGold ROCSilver / Gold Price Ratio
Oct 2023140.983,017.76--0.0467
Nov 2023145.023,062.342.87%1.48%0.0474
Dec 2023143.593,045.86-0.99%-0.54%0.0471
Jan 2024137.883,058.98-3.98%0.43%0.0451
Feb 2024138.823,098.760.69%1.30%0.0448

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