Silver price update: FXStreet data shows a decline in silver value today
Latest Silver Price Update
According to the price of silver (XAG/USD) declined on Thursday. The current rate is $87.50 per troy ounce, reflecting a 1.00% decrease from Wednesday’s price of $88.38.
Despite this drop, silver has gained 23.09% in value since the start of the year.
Current Silver Prices
| Unit | Price (USD) |
|---|---|
| Troy Ounce | 87.50 |
| 1 Gram | 2.81 |
Gold/Silver Ratio
The Gold/Silver ratio, which indicates how many ounces of silver are equivalent in value to one ounce of gold, rose to 59.20 on Thursday, compared to 58.29 the previous day.
This article was generated with the assistance of an automation tool.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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