---
entity_slug: gold_price_variation
evaluator: null
evaluated_at: '2026-02-23T05:33:26.333218'
overall_score: 4.2
scores:
- name: definition_precision
  value: 4.0
  max_value: 5.0
  rationale: The definition clearly captures the concept of relative value changes
    between gold, silver, and other commodities over time. It identifies specific
    causal factors (mine abundance, different uses) without being circular, though
    it could be slightly more precise about what constitutes "variation."
- name: source_grounding
  value: 5.0
  max_value: 5.0
  rationale: This entity is directly grounded in Smith's extensive analysis in Book
    I, Chapter 11, where he examines historical changes in gold-silver ratios and
    their causes. The reference to American mines and different economic functions
    of metals directly reflects Smith's detailed discussion.
- name: domain_placement
  value: 5.0
  max_value: 5.0
  rationale: The "Exchange" domain is perfectly appropriate since gold price variation
    fundamentally concerns exchange ratios between different monetary metals and commodities.
    This is a core exchange mechanism rather than production, distribution, or consumption.
- name: vsm_relevance
  value: 3.0
  max_value: 5.0
  rationale: This entity has moderate VSM relevance, primarily mapping to S4 (intelligence/environmental
    adaptation) as it represents how economic systems detect and respond to changing
    resource conditions. However, it's somewhat abstract and doesn't clearly embody
    operational or regulatory functions.
- name: explanatory_value
  value: 4.0
  max_value: 5.0
  rationale: The entity provides good explanatory value by illuminating how relative
    scarcity and functional demand create price mechanisms that affect monetary systems.
    It reveals structural relationships between resource discovery, supply changes,
    and value determination rather than merely naming a surface phenomenon.
---

# Evaluation: Gold Price Variation

## definition_precision — 4.0 / 5.0

The definition clearly captures the concept of relative value changes between gold, silver, and other commodities over time. It identifies specific causal factors (mine abundance, different uses) without being circular, though it could be slightly more precise about what constitutes "variation."

## source_grounding — 5.0 / 5.0

This entity is directly grounded in Smith's extensive analysis in Book I, Chapter 11, where he examines historical changes in gold-silver ratios and their causes. The reference to American mines and different economic functions of metals directly reflects Smith's detailed discussion.

## domain_placement — 5.0 / 5.0

The "Exchange" domain is perfectly appropriate since gold price variation fundamentally concerns exchange ratios between different monetary metals and commodities. This is a core exchange mechanism rather than production, distribution, or consumption.

## vsm_relevance — 3.0 / 5.0

This entity has moderate VSM relevance, primarily mapping to S4 (intelligence/environmental adaptation) as it represents how economic systems detect and respond to changing resource conditions. However, it's somewhat abstract and doesn't clearly embody operational or regulatory functions.

## explanatory_value — 4.0 / 5.0

The entity provides good explanatory value by illuminating how relative scarcity and functional demand create price mechanisms that affect monetary systems. It reveals structural relationships between resource discovery, supply changes, and value determination rather than merely naming a surface phenomenon.
