Autocatalysts and Silver
Their prices have moved together.
Autocatalysts (chemical) and Silver (commodity): 1 relationship.
How they are linked
1. Price link: precious metal driver
Cost and price · Strong · Both ways
Silver and platinum both trade as part industrial, part investment metals, so they share moves in the US dollar and investor demand. The platinum proxy correlates with silver at 0.74 for monthly moves, 0.79 for yearly moves and 0.85 over the last five years.
- 0.74 monthly change correlation
- 0.79 12-month change correlation
- 0.31 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.