Select Language

Silver price today: Silver broadly unchanged, according to FXStreet data

Breaking news

Silver price today: Silver broadly unchanged, according to FXStreet data

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.04.14 18:31
Silver price today: Silver broadly unchanged, according to FXStreet data

update 2025.04.14 18:31

Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data. Silver trades at $32.28 per troy ounce, broadly unchanged 0.04% from the $32.29 it cost on Friday.

Silver prices have increased by 11.71% since the beginning of the year.

Unit measure Silver Price Today in USD
Troy Ounce 32.28
1 Gram 1.04

The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 99.91 on Monday, down from 100.26 on Friday.

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 intrinsic value or as a potential hedge during high-inflation periods. 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.

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. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply - Silver is much more abundant than Gold - and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals - more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers' demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

(An automation tool was used in creating this post.)


Date

Created

 : 2025.04.14

Update

Last updated

 : 2025.04.14

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

EUR/GBP holds positive ground above 0.8550 after UK CPI inflation data

The EUR/GBP cross gains momentum to near 0.8565 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.
New
update2025.04.16 15:11

FX option expiries for Apr 16 NY cut

FX option expiries for Apr 16 NY cut at 10:00 Eastern Time via DTCC can be found below.
New
update2025.04.16 14:25

USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD

The USD/CHF pair attracts fresh sellers during the Asian session on Wednesday and erodes a major part of the previous day's modest recovery gains.
New
update2025.04.16 14:23

USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails

The USD/CAD pair slips slightly after posting gains in the previous session, trading near 1.3940 during Wednesday's Asian session. Technical analysis on the daily chart indicates a prevailing bearish trend as the pair continues to move lower within a descending channel.
New
update2025.04.16 14:06

Gold price buying remains unabated; fresh all-time high and counting amid trade jitters

Gold price (XAU/USD) scales higher for the second straight day on Wednesday - also marking the fifth day of a positive move in the previous six - and touches a fresh record high, around the $3,283-3,284 area during the Asian session.
New
update2025.04.16 13:38

EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data

EUR/USD is trading around 1.1340 during the Asian hours on Wednesday, rebounding after two consecutive sessions of losses.
New
update2025.04.16 13:35

Silver Price Forecast: XAG/USD edges higher to near $32.50 due to safe-haven demand

Silver price (XAG/USD) is inching higher after recent losses, trading around $32.30 per troy ounce during Wednesday's Asian session. The uptick comes as lingering uncertainty over US trade policy continues to fuel safe-haven demand for the precious metal.
New
update2025.04.16 12:40

USD/INR weakens ahead of US Retail Sales release, Fed's Powell speech

The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency's losses.
New
update2025.04.16 12:29

GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data

The GBP/USD pair continues its winning streak that began on April 8, trading around 1.3250 during Wednesday's Asian session. Earlier in the day, it touched a fresh six-month high at 1.3256.
New
update2025.04.16 11:53

AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro data

The AUD/JPY cross drifts lower during the Asian session on Wednesday and moves away from over a one-week high, around the 91.40 region touched the previous day. Spot prices stick to negative bias below the mid-90.00s and move little in reaction to mostly upbeat Chinese macro releases.
New
update2025.04.16 11:47

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel