Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $66.58 per troy ounce, up 1.23% from the $65.76 it cost on Tuesday.
Silver prices have decreased by 6.34% since the beginning of the year.
The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 66.08 on Wednesday, down from 66.23 on Tuesday.
Silver FAQs
Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its…
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