Market Analysis

Historical: World Bank Commodity Price Data ("Pink Sheet"), monthly averages, nominal USD per troy ounce, aligned to months where both Gold and Silver have a verified observation. A month with a verified observation for only one metal is excluded from every comparison and ratio figure on this page — never paired with a neighbouring month, and no missing observation is ever filled in, interpolated, or estimated.

Normalized performance rebases both series to 100 at the first aligned month in the selected range, so the shapes can be compared despite very different absolute prices — a display rebasing only; total return is computed directly from the real start and end prices, not from the rebased values.

The Gold/Silver ratio is the Gold price divided by the Silver price for the same month, read directly from the two verified series.

Current reference status: this platform's own metals reference service, distinct from the historical series above — a monthly average is never presented as a current price, and a current reference is never presented as a monthly average. When no verified observation exists, the status says so honestly rather than showing a placeholder number.