Compare Metal Prices
Compare precious metals performance side-by-side: gold, silver, platinum, palladium, copper & more
Select Metals (2/6)
Performance Chart
Percentage change from start
How to Use This Data for Trading Decisions
Relative Value Analysis
Comparing metals reveals relative value opportunities. When two correlated metals diverge, the laggard often catches up. Normalize to percentage change for fair comparison across different price levels. Watch for metals that historically move together suddenly diverging — these dislocations often resolve profitably.
Use the percentage change view (not absolute prices) to compare metals fairly. A $50 move in gold is not comparable to a $50 move in silver — but a 2% move in each is directly comparable.
Divergence Signals
When gold rallies but silver doesn't follow, it may signal either: (a) silver is about to catch up (bullish silver), or (b) gold's rally is weak (bearish gold). Gold and silver typically have a 0.85+ correlation — when it drops below 0.7, look for mean reversion opportunities.
- Lagging metal starts to outperform after extended underperformance
- Correlation normalizing after a period of divergence
- Base metals rising alongside precious metals (broad reflation trade)
- Only one metal rising while all others fall (likely short squeeze, not a sustainable trend)
- Precious metals diverging from base metals (flight to safety, not growth)
Disclaimer: This is educational content for informational purposes only. It does not constitute investment advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.