ASML Holding N.V. (ASMLF) vs Silver (one troy ounce) (SILVER)

Silver priced in U.S. dollars represents the market value of one troy ounce of silver. Silver is both a precious metal and an industrial commodity, used in jewelry, investment products, electronics, solar panels, and other manufacturing applications. Its price is influenced by precious-metals demand, industrial activity, mine supply, investor flows, real interest rates, and the U.S. dollar. Because it has significant industrial uses, silver can be more cyclical and volatile than gold.