Select Language

Silver price today: Silver falls, according to FXStreet data

Breaking news

Silver price today: Silver falls, according to FXStreet data

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.04.28 18:31
Silver price today: Silver falls, according to FXStreet data

update 2025.04.28 18:31

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $33.02 per troy ounce, down 0.23% from the $33.09 it cost on Friday.

Silver prices have increased by 14.28% since the beginning of the year.

Unit measure Silver Price Today in USD
Troy Ounce 33.02
1 Gram 1.06

The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 99.43 on Monday, down from 100.31 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

 : 2025.04.28

Update

Last updated

 : 2025.04.28

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

The return of the twin deficit? - Commerzbank

You have to look long and hard to find any arguments in favor of the dollar at the moment. And I fear that, in all the turmoil, another structurally negative constellation could ultimately emerge, one that the 'old hands' among us in the market probably still remember: the US twin deficit.
New
update2025.05.20 18:16

Japan mulls accepting US tariff reduction, not exemption - Kyodo

Japanese media outlet, Kyodo News, reported on Tuesday that Japan is considering accepting lower US tariff rates and not demanding exemption.
New
update2025.05.20 18:13

AUD/JPY Price Forecast: Seems vulnerable while below 93.00 and 23.6% Fibo. level

The AUD/JPY cross comes under renewed selling pressure following the previous day's modest uptick and drops to a nearly two-week low during the first half of the European session on Tuesday.
New
update2025.05.20 18:09

BoE's Pill: We now need cautious cuts

Bank of England (BoE) Chief Economist Huw Pill commented on the policy outlook in his scheduled speech on Tuesday.
New
update2025.05.20 18:04

Gold price edges lower amid easing haven demand, headwinds from Fed and Trump

Gold (XAU/USD) price edges slightly lower on Tuesday, looking for direction after giving back the previous day's gains, falling back to around $3,226 at the time of writing.
New
update2025.05.20 18:01

GBP/USD: Any advance is likely part of a higher range of 1.3325/1.3410 - UOB Group

Further Pound Sterling (GBP) strength still seems likely vs US Dollar (USD); any advance is likely part of a higher range of 1.3325/1.3410.
New
update2025.05.20 18:00

Silver Price Forecast: XAG/USD challenges strong resistance at nine-day EMA around $32.50

Silver price (XAG/USD) seems to extend its losses for the third successive session, trading around $32.30 per troy ounce during the European hours on Tuesday.
New
update2025.05.20 17:58

Oil: Chinese oil demand falls - ING

The Oil market eked out a small gain yesterday, with ICE Brent holding above US$65/bbl. The scheduled call between President Trump and President Putin doesn't appear to have led to any significant breakthroughs. Trump said that Russia and Ukraine would begin talks on ending the war.
New
update2025.05.20 17:57

EUR/USD: A clear break above 1.1290 is unlikely - UOB Group

Chance for Euro (EUR) to retest the 1.1290 level against the US Dollar (USD) before a more sustained pullback is likely; a clear break above this level is unlikely.
New
update2025.05.20 17:55

AUD: RBA seen as a little more dovish - ING

AUD/USD briefly sold off around 0.3% on the Reserve Bank of Australia's decision to cut rates 25bp today to 3.85%, ING's FX analyst Chris Turner notes.
New
update2025.05.20 17:51

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