Current prices, live charts.
https://www.kitco.com/charts/silver
28.17
https://www.kitco.com/charts/gold
2,358.40
Silver hasn’t been that high since Obama was in office. Gold hasn’t been that high…. Ever. So glad I bought gold last year. Silver was on sale last month, and even though I’m broke right now, I bought a little. Wish I had bought Eagles then, but I got uncirculated Kennedy half dollars.
Comparing the long term gold to the similar silver chart, it is apparent that silver is more volatile currently. Both have taken a noticeable move upwards recently. I don't know who tends to control the silver market but gold is controlled by the major banks and especially the central banks. I have heard that they are keeping the price of gold artificially low to facilitate their trading in large amounts. I do not know if this is true but it appears to be. When the small trader starts heavily entering the market they likely let the price float more naturally. 🤷
Obviously when gold is bought by the tonne ('wholesale' so to speak) the buyer will pay less than the individual trader buying by the oz.