Created
: 2025.05.02
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Silver price today: Silver rises, according to FXStreet data
World FX news
Breaking news
Silver price today: Silver rises, according to FXStreet data
New
2025.05.02 18:31
2025.05.02 18:31
2025.05.02 18:31
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $32.45 per troy ounce, up 0.23% from the $32.38 it cost on Thursday.
Silver prices have increased by 12.33% since the beginning of the year.
| Unit measure | Silver Price Today in USD |
|---|---|
| Troy Ounce | 32.45 |
| 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 100.51 on Friday, up from 100.04 on Thursday.
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.)
Last updated
: 2025.05.02
Related articles
Gold price slips after robust US jobs data, trade optimism
2025.05.03 04:43Silver price today: Silver rises, according to FXStreet data
2025.05.02 18:30Gold looks set for weekly loss as news of trade talks curb haven demand
2025.05.02 17:47Silver Price Forecast: XAG/USD rises to near $32.60 as USD corrects ahead of US NFP
2025.05.02 17:23Palladium price today: Rare metals advance at the start of the European session
2025.05.02 15:31India Gold price today: Gold rises, according to FXStreet data
2025.05.02 13:35
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
AUD/NZD Price Analysis: Bullish momentum, buyers don't give up
AUD/NZD is displaying upward momentum ahead on Friday's session, trading near the top of its daily range and not far from the 1.0800 zone. The pair has gained on the day, extending its bullish push while short-term indicators strengthen this outlook.
New
2025.05.03 07:00USD/JPY retreats from highs as Dollar weakens and Japan signals tariff pushback
USD/JPY pulls back toward the 145.00 area on Friday after extending gains earlier in the week. The pair loses momentum in tandem with the US Dollar, which fell below 99.50 following a firm rejection at the 100.00 level.
New
2025.05.03 06:30Mexican Peso holds steady, poised for weekly losses
The Mexican Peso (MXN) remained firm against the US Dollar (USD), though it is poised to finish the week with losses of over 0.40% after economic data revealed in Mexico painted a gloomy economic outlook, despite the fact that the economy surprisingly grew in the first quarter of 2025.
New
2025.05.03 06:21EUR/JPY Price Analysis: Euro consolidates near 164.00 as trend remains upward
The EUR/JPY pair edged slightly lower on Friday but continues to trade near the 164.00 zone as the market transitions into the Asian session. While price action eased from recent highs, the pair remains comfortably within the mid-range of the day's movement.
New
2025.05.03 06:00Gold price slips after robust US jobs data, trade optimism
Gold (XAU/USD) price edged down over 0.35% on Friday, poised to end the week with losses of over 2.50%. An improvement in risk appetite due to easing trade tensions alongside a strong labor market report in the United States (US) prompted investors to book profits ahead of the weekend.
New
2025.05.03 04:43AUD/USD strengthens amid mixed US data and trade optimism
The AUD/USD pair sees gains on Friday, strengthening to near 0.6430 as the US Dollar softens.
New
2025.05.03 04:30US Dollar Index falls as markets react to NFP report
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is retreating on Friday after a brief move above the 100.00 level.
New
2025.05.03 03:04Dow Jones soars 600 points as NFP data calms recession fears, weekly gains top 3%
The Dow Jones Industrial Average (DJIA) rallied over 600 points, or over 1.65%, on Friday following a solid US jobs report that brushed aside fears that the largest economy in the world is tied into a recession.
New
2025.05.03 02:30EUR/CAD Price Analysis: Euro steadies near 1.5600 as bulls hold longer-term edge
The EUR/CAD pair hovered near the 1.5600 zone on Friday after the European session, showing little change on the day but maintaining a steady bullish bias overall. Price action remains confined to the middle of the daily range, reflecting ongoing consolidation.
New
2025.05.03 01:45ECB's De Guindos: Keeping a close eye on exchange rate
European Central Bank (ECB) Vice President Luis de Guindos said in an interview with Germany's Die Presse that there are no signs of weakening in the European currency so far.
New
2025.05.03 01:35Disclaimer:
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.
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
