How Does the Volatility of Silver Compare to Gold?

This episode examines the differing volatility levels of gold and silver, explaining that gold typically exhibits lower volatility due to its classification as a safe-haven investment and its larger, more liquid market. Conversely, silver experiences higher volatility influenced by its dual role as both a precious metal and an industrial commodity, making it susceptible to fluctuations in manufacturing demand and economic conditions. The discussion refers to metrics like beta coefficients, historical price trends, market size, liquidity, and correlation analysis to illustrate these differences and highlights how economic conditions, geopolitical factors, industrial use, and investor sentiment significantly impact the price stability of both metals.

After years of evaluating many different  ...