How to Use GoldSilver Tracker: Complete Guide

Dashboard Overview

When you first visit GoldSilver Tracker, the dashboard compares a global USD/oz spot benchmark from Metals.dev with daily SGE, MCX, and LBMA market data for gold and silver. Prices refresh once per day through a scheduled update.

The dashboard is designed to give you an at-a-glance view of global precious metals premiums.

At the top, you'll find the current USD/oz spot benchmark from Metals.dev. Internal URLs and cache keys still use the identifier comex for backward compatibility, but the displayed value is not the settlement price of a specific COMEX contract month — it is the vendor's aggregated USD/oz spot reading.

Below that, each exchange card shows the local price converted to USD per troy ounce, the premium percentage (positive or negative), and a status indicator (normal, high, or abnormal).

Reading the Calculated Difference

The displayed premium is the percentage difference between a normalized regional-market observation and the site’s USD-per-troy-ounce spot benchmark.

• Positive value: The regional observation was above the benchmark at the compared timestamps.
• Negative value: The regional observation was below the benchmark at the compared timestamps.
• Status label: The label applies a display threshold to the absolute percentage. It does not diagnose market stress, demand, or data quality.

The number alone does not explain why the prices differ. Exchange rates, recording times, market hours, contract specifications, taxes, liquidity, stale prices, and data-source methodology may all affect the result.

Using the Charts

The Gold and Silver pages display the historical observations currently stored by the site. Select a period to change the visible date range and move the pointer over a data point to inspect its date and value.

Selecting a three-year range does not guarantee three complete years of data. The chart can display only the observations that have actually been stored and retained. Missing dates should be read as missing data, not as zero premiums.

The lines and bars show historical observations. They do not forecast future prices or prove a recurring seasonal pattern.

Comparing Markets Carefully

Compare the timestamps and data-source labels before comparing two markets. A difference may be caused partly by non-synchronous observations or by different contract and pricing conventions.

If one market moves differently from the others, treat it as an observation that may warrant further checking. The dashboard alone cannot determine whether the cause was demand, supply, policy, currency movement, liquidity, or a data issue.

Gold-Silver Ratio

The gold-silver ratio shows how many ounces of silver equal the price of one ounce of gold using the available benchmark observations. It describes a relative price relationship; it does not show that either metal is undervalued or provide a buy or sell signal.

Practical Checks

• Check the timestamp, source label, and whether a value is observed or estimated.
• Do not treat missing observations as zero.
• Use longer ranges only when enough stored observations are available.
• Verify unusual values against official exchange information or another independent source.
• Confirm current prices, fees, taxes, contract terms, and trading conditions before making a financial decision.

Key Takeaways

• The site provides normalized informational comparisons, not executable quotes.
• A positive or negative premium describes a price difference but does not identify its cause.
• Historical charts contain only stored observations and do not prove seasonality or predict future movements.
• The gold-silver ratio is a relative price calculation, not a valuation signal.