Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
Silver prices fell on Wednesday, according to FXStreet data. Silver trades at $31.75 per troy ounce, down 0.73% from the $31.98 it cost on Tuesday. Silver prices have increased by 24.66% since the beginning of the year. Unit measure Today Price Silver price per troy ounce $31.75 Silver price per gram $1.02 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 76.10 on Wednesday, up from 75.69 on Tuesday.
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. Its moves also depend on how the US Dollar behaves as the asset is priced in dollars . A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up.
XAGUSD Gold XAUUSD Commodities Silver
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Silver Price Forecast: XAG/USD falls to near $31.50 amid hawkish FedspeakSilver price continues to lose ground after retreating from the highest level of $32.51, a level not seen since December 2012.
Lire la suite »
Silver price today: Silver falls, according to FXStreet dataSilver prices (XAG/USD) fell on Friday, according to FXStreet data.
Lire la suite »
Silver Price Analysis: XAG/USD edges up yet remains below $32.00Silver's price advanced 0.47% on Tuesday but remains trading below a significant eight-year high reached on Monday at $32.51.
Lire la suite »
Silver Price Forecast: XAG/USD rises toward $30.00 after higher US Jobless ClaimsSilver price retraces its recent losses registered on Thursday, trading around $29.70 per troy ounce during the Asian hours on Friday.
Lire la suite »
Silver Price Analysis: XAG/USD rally pauses as ‘doji’ emerges as US yields climbSilver’s advancement paused on Thursday, as the grey metal posted minuscule losses of 0.04%, exchanging hands virtually unchanged.
Lire la suite »
Silver Price Analysis: XAG/USD rallies sharply as bulls’ target $30.00Silver’s rally continued Wednesday after a softer-than-expected Consumer Price Index (CPI) report in the United States (US) sent US yields tumbling, a tailwind for the precious metal.
Lire la suite »