Gold vs Silver – May 2026
Compare gold vs silver prices over time.
This page compares the live and historical performance of Gold against Silver using real market data. Both assets are rebased to an index of 100 at the start of the 90-day period, making it easy to see which has outperformed regardless of their price difference.
The Gold/Silver ratio tells you how many units of Silver it takes to buy one troy ounce of gold. A rising ratio means gold is becoming more expensive relative to Silver, and vice versa. Investors and traders watch this ratio as a signal for relative value between the two assets.
90-Day Performance
90-Day Price Chart (Indexed to 100)
Both assets rebased to 100 at start of period for comparison
Recent Price History
| Date | Gold / troy oz | Gold 24K/g | Silver /troy oz | Ratio |
|---|---|---|---|---|
| May 18, 2026 | $4,545.83 | $146.15 | $76.06 | 59.7664 |
| May 17, 2026 | $4,542.33 | $146.04 | $75.98 | 59.7832 |
| May 16, 2026 | $4,542.33 | $146.04 | $75.98 | 59.7832 |
| May 15, 2026 | $4,545.18 | $146.13 | $76.26 | 59.6011 |
| May 14, 2026 | $4,652.18 | $149.57 | $83.52 | 55.7014 |
| May 13, 2026 | $4,690.62 | $150.81 | $87.68 | 53.4970 |
| May 12, 2026 | $4,715.34 | $151.60 | $86.79 | 54.3305 |
| May 11, 2026 | $4,736.27 | $152.27 | $86.16 | 54.9706 |
| May 10, 2026 | $4,715.34 | $151.60 | $80.35 | 58.6850 |
| May 9, 2026 | $4,715.34 | $151.60 | $80.35 | 58.6850 |
| May 8, 2026 | $4,720.19 | $151.76 | $80.65 | 58.5268 |
| May 7, 2026 | $4,698.97 | $151.08 | $79.14 | 59.3754 |
| May 6, 2026 | $4,695.02 | $150.95 | $77.51 | 60.5731 |
| May 5, 2026 | $4,549.48 | $146.27 | $72.85 | 62.4500 |
Gold vs Silver: Key Differences
Silver has far greater industrial use than gold — in solar panels, electronics, and medical equipment. This makes silver prices more volatile and sensitive to economic cycles.
Gold is the dominant safe-haven asset, held by central banks worldwide. Silver plays a smaller reserve role and tends to amplify gold's moves — rising faster in bull markets and falling harder in downturns.
Historically the ratio has averaged around 50–80x. When the ratio is very high (100+), silver is considered cheap relative to gold; when low (30–40), gold is the better value.
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