The difference between gold and silver:
Silver and gold come from different product resources, which will also have a very important impact on their prices.
Most silver is a by-product of lead, zinc, copper, gold and other metals. In this way, the relationship between silver production and silver price is not as close as that between gold production and gold price.
The price of silver may be more unstable than that of gold, partly because of its lower price and smaller market size.
From the perspective of portfolio structure, this volatility makes silver less attractive to investors than gold.
Silver is more sensitive to economic changes, while gold is more sensitive to currency changes.
A large part of the demand for silver comes from industrial demand, accounting for about 40%. On the contrary, the demand for gold is basically pure investment demand and jewelry demand.
Because of the close relationship between silver and industry, silver is very sensitive to changes in economic factors, such as industrial productivity and manufacturing demand.