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A Quick Look at the Relationship between Gold and Silver

A Quick Look at the Relationship between Gold and Silver

Silver has fallen 4.3% in the past week, and gold has fallen 2.3% during the same timeframe. Movements in gold and silver are reflected in the iShares Gold Trust ETF (IAU) and the iShares Silver Trust ETF (SLV). IAU and SLV were down 0.32% and 0.19%, respectively, on April 26. The comparative performances of these metals can be seen via the gold-silver ratio, which is a measure of the number of silver ounces it takes to invest in a single ounce of gold.