Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
Silver prices rose on Friday, according to FXStreet data. Silver trades at $29.11 per troy ounce, up 2.30% from the $28.46 it cost on Thursday. Silver prices have increased by 14.29% since the beginning of the year. Unit measure Today Price Silver price per troy ounce $29.11 Silver price per gram $0.94 The Gold / Silver ratio, which shows the number of troy ounces of Silver needed to equal the value of one troy ounce of Gold , stood at 82.27 on Friday, down from 83.37 on Thursday.
Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets. Which factors influence Silver prices? Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates.
XAGUSD Gold XAUUSD Commodities Silver
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silver Price Forecast: XAG/USD rises to near $28.00, tracking rally in goldSilver price advances for the third consecutive session, trading higher to near $28.00 per ounce during the early European hours on Tuesday.
Read more »
Silver Price Forecast: XAG/USD rises to $24.70 ahead of US core PCE InflationSilver price (XAG/USD) advances to $24.70 in the late Asian session on Thursday.
Read more »
Silver Price Analysis: XAG/USD tips top of range and reverses lowerSilver price (XAG/USD) is trading in the $24.750s on Friday, after touching the top of a multi-month range at roughly $25.700 and reversing lower.
Read more »
Silver Price Analysis: XAG/USD hangs near one-week low, just above mid-$24.00sSilver (XAG/USD) extends the previous day's sharp retracement slide from the $25.75-$25.80 region, or its highest level since early December and remains under some selling pressure for the second straight day on Friday.
Read more »
Silver Price Analysis: XAG/USD tumbles as bearish engulfing pattern loomsSilver's price plunged on Thursday amidst a risk-off impulse, reinvigorating the US Dollar.
Read more »
Silver Price Analysis: XAG/USD aims to recapture 11-month high slightly above $26Silver price (XAG/USD) extends its upside to $25.70 in Thursday’s European session.
Read more »