This week witnessed a historic surge in the value of gold, reaching an all-time high of $2,233 per troy ounce as of March 29.

Meanwhile, silver seems to have been left in the dust, with its current value pegged at $24.97 per troy ounce.

This marks a 91% decrease from its peak value of $47.91 on March 31, 2011.

The contrast in the performance of these two precious metals highlights the increasing market preference for gold, leaving silver significantly behind.