Gold vs Silver: The Performance Race
Compare the percentage returns of the UOB Gold Savings Account (GSA) vs the Silver Passbook Account (SSA). Normalized to clearly show outperformance.
Trailing 1M Return
Trailing 6M Return
Trailing 1Y Return
Gold and silver prices at UOB move independently despite both being precious metals. Gold tends to act as a stable safe-haven asset, while silver is more volatile with higher industrial demand. This chart shows their normalized performance over time using UOB's actual published rates. Note: UOB's Silver Passbook Account (SSA) represents paper silver, similar to their Gold Savings Account.
Normalized Return (%)
Both assets start at 0% for the selected timeframe
- Gold (GSA)
- Silver (SSA)
Never miss a UOB gold price move
Weekly summary + alerts when prices move >3%. Free, no spam.
Frequently Asked Questions
Which performs better: UOB Gold or UOB Silver?
Historically, gold acts as a stable safe-haven asset with steady, lower-volatility growth. Silver is highly volatile; it often underperforms gold during quiet periods but can massively outperform gold during intense industrial demand or precious metal bull runs. Our chart visualizes this volatility over time.
Why is the chart showing percentages instead of prices?
Because gold is priced around S$130/gram and silver is priced around S$45/ounce, plotting their raw prices on the same chart makes it impossible to compare their performance. By normalizing both assets to a 0% starting point, you can easily see which asset generated a higher percentage return over the selected timeframe.
Are the UOB Gold Savings and Silver Passbook spreads the same?
No. The Silver Passbook Account (SSA) typically carries a much wider bid-ask spread than the Gold Savings Account (GSA). This means silver prices must rise more significantly just for you to break even on the transaction costs.