Gold volatility vs Silver volatility

Discussion in 'General Precious Metals Discussion' started by boston, Feb 15, 2013.

  1. boston

    boston Well-Known Member Silver Stacker

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    Whilst we all believe that silver is more volatile than gold, is this really the case?

    Perhaps on a day to day basis, it probably is. However, over a 5, 10, 15 year period, silver appears to be more stable from the mean than gold. With a few exceptions, gold appears to have greater highs and lows from the mean than silver.

    Is it possible that gold, is not just for security or long term gain, but can also be used as a meaningful speculative commodity?

    http://www.indexmundi.com/commodities/?commodity=silver&months=120&currency=aud&commodity=gold
     
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I have noticed that everytime gold moves so does silver, in the same direction.

    The daily charts often look the same shape.

    So I guess they are both volatile but it is just the magnitude of the gold which make them more noticable. At the time of writing silver has dropped 53cents and gold has dropped $12.70.which looks like a 1% drop for gold and a 2% drop for silver.

    Over a period of years though, I haven't really been in it that long, mostly silver though.
     
  3. capt.sparrow

    capt.sparrow New Member

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    wtf's going on with the price of gold????

    Whoever's suppressing the price must be a great lover of the Chinese!!
     
  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    @ boston Are you sure? It looks to me that gold (the blue line not the gold one) is more stable.
     
  5. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    +1
    Using the data table, silver is more volatile using averages, std dev, and abs values? :/
     
  6. boston

    boston Well-Known Member Silver Stacker

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    Ooops. Got it wrong! Totally about face. Who would have thought that the yellow graph line was for silver.

    Apologies everyone - please disregard.

    * Note to self - time to get eyes checked for colour awareness.
     
  7. hyphenated

    hyphenated Active Member

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    Gotta love a chart generator that uses a gold line for Silver, and a silver line for Gold :D
     

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