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SLV vs. GLD

October 2, 2020 • Posted in Gold

How are behaviors of gold and silver exchange-traded funds (ETF) similar and different? To investigate we consider iShares Silver Trust (SLV) versus  SPDR Gold Shares (GLD). Using daily returns for SLV, GLD and the S&P 500 Index (SP500) during late April 2006 (limited by SLV) through early September 2020, we find that:

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