as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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why is silver so volatile compared to the s&p 500?
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silver is a commodity. it's valuable for certain kinds of manufacturing, jewelry, and as a speculative financial instrument or hedge against the dollar. the s&p 500 includes companies which make money off of mining, manufacturing, medicine, media, technology, banking, dining, agriculture... there's a lot more variety there.
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