Dashboard Overview
When you first visit GoldSilver Tracker, you'll see the main dashboard displaying real-time premium data for both gold and silver across four major exchanges: COMEX (New York), SGE (Shanghai), MCX (India), and LBMA (London). 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 benchmark price from COMEX, which serves as the international reference. 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 Premium Data
The premium percentage is the key metric on GoldSilver Tracker. Here's how to interpret it:
- Positive premium (e.g., +2.5%): The local market price is higher than COMEX. This is common in markets with strong physical demand, import duties, or limited supply.
- Negative premium (e.g., -0.8%): The local market trades below COMEX. This can indicate weak demand, excess supply, or currency factors.
- Status indicators: Normal (within typical range), High (elevated premium), Abnormal (significantly outside normal range, potentially indicating market stress).
Using the Charts
Navigate to the Gold or Silver page using the top navigation menu to access detailed historical charts. These charts show how premiums have changed over time for each exchange. You can select different time periods β from 1 week to 3 years β to analyze short-term fluctuations or long-term trends.
The chart displays benchmark prices alongside exchange-specific premiums. Hover over any data point to see exact values for that date. Use the period selector buttons to switch between timeframes. Shorter periods (1 week, 1 month) are useful for spot-checking recent movements, while longer periods (1 year, 3 years) reveal seasonal patterns and structural shifts.
Comparing Markets
The Market pages (accessible via the Markets dropdown in navigation) provide deep dives into individual exchanges. Each market page shows both gold and silver data for that specific exchange, along with market-specific context like trading hours, contract specifications, and relevant market information.
To compare premiums across exchanges, use the main dashboard or commodity pages where all four exchanges are displayed side by side. Look for divergences β when one market's premium moves significantly differently from others, it often signals market-specific events like demand surges, policy changes, or supply disruptions.
Gold-Silver Ratio
The dashboard also features a Gold-Silver Ratio chart, showing how many ounces of silver it takes to buy one ounce of gold. This ratio is a valuable indicator of relative value between the two metals. When the ratio is historically high, silver may be undervalued relative to gold, and vice versa.
Tips for Daily Use
- Check premiums at the same time daily for consistent comparisons, as premiums fluctuate throughout trading sessions
- Compare across all four markets before drawing conclusions β a premium change in one market may be driven by global factors visible across all markets
- Watch for seasonal patterns β Indian premiums typically rise before festivals (Diwali, Akshaya Tritiya), Chinese premiums before Lunar New Year
- Use the language switcher (top right corner) to view the site in English, Korean, Chinese, or Japanese
- Toggle between light and dark themes using the theme button for comfortable viewing in any environment
π Key Takeaways
- GoldSilver Tracker compares real exchange prices from COMEX, SGE, MCX, and LBMA in real-time
- Positive premium = local price is higher than COMEX benchmark; negative = lower (discount)
- Historical charts help identify seasonal patterns and long-term premium trends
- Use the gold-silver ratio chart to spot potential opportunities when the ratio reaches extremes