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1 inch cube of gold vs silver ......thats the volume of the target as stated not the weight ......A lot will depend on your definitions. What do you mean by "volume"? Their specific gravity is vastly different. Size, weight, and surface area play a large part in the kind of signal you will get from any metallic target, Look at aluminum....a gum rapper vs a pull tab vs a soda can. A gold stud earring reads down by iron, a $20 gold piece is up in the copper cent range. In a similar size comparison (same shape, surface area, and orientation, but not weight) the gold item will read lower in conductivity than it's silver counterpart. Now signal strength is another issue. Then the frequency used will play a part in that.
the gold bug 2 (freq 71 khz ) is made for low conductive targets ??....i guess they should of called it the silver bug and i lost the bet then