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 2025.06.03 18:32
Silver price today: Silver falls, according to FXStreet data

update 2025.06.03 18:32

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $34.19 per troy ounce, down 1.65% from the $34.76 it cost on Monday.

Silver prices have increased by 18.34% since the beginning of the year.

Unit measure Silver Price Today in USD
Troy Ounce 34.19
1 Gram 1.10

The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 98.33 on Tuesday, up from 97.27 on Monday.

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

 : 2025.06.03

Update

Last updated

 : 2025.06.03

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/USD recovery stalls above 1.1400 ahead of ECB decision

EUR/USD edged lower in a calm Asian session on Thursday and trades right above the 1.1400 level at the time of writing.
New
update2025.06.05 16:39

WTI Price Forecast: Recovery halts at $63.00 amid fears of an Oil glut

Crude prices have been capped again at the $63.00 area, before dropping to levels right above $62.00 at the time of writing.
New
update2025.06.05 16:19

USD/CAD languishes near YTD low, seems vulnerable around 1.3670-1.3665 region

The USD/CAD pair extends its bearish consolidative price action heading into the European session on Thursday and currently trades around the 1.3670-1.3665 area, just above the lowest level since October 2024 touched the previous day.
New
update2025.06.05 16:10

Forex Today: ECB rate decision and US data to ramp up volatility

Here is what you need to know on Thursday, June 5:
New
update2025.06.05 16:00

European Central Bank set for another interest-rate cut amid questions of how many more will come

The European Central Bank (ECB) is widely expected to reduce key interest rates for the seventh time in a row. The decision will be announced on Thursday at 12:15 GMT.
New
update2025.06.05 16:00

EUR/GBP holds steady below 0.8450 ahead of ECB rate decision

The EUR/GBP cross trades on a flat note near 0.8420 during the early European session on Thursday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) interest rate decision later on Thursday. 
New
update2025.06.05 15:43

Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $62.07 per barrel, down from Wednesday's close at $62.16.
New
update2025.06.05 15:03

German Factory Orders rise 0.6% MoM in April vs. -1% expected

Germany's Factory Orders unexpectedly rose in April, suggesting that the country's manufacturing sector sustained its recovery, according to the official data published by the Federal Statistics Office on Thursday.
New
update2025.06.05 15:01

GBP/USD remains below 1.3550 as US Dollar recovers ground, signals a technical correction

GBP/USD retraces its recent gains from the previous session, trading around 1.3550 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) gains ground amid a technical correction.
New
update2025.06.05 14:58

AUD/JPY steadily climbs back closer to 93.00 mark amid a broadly weaker JPY

The AUD/JPY cross attracts fresh buyers during the Asian session on Thursday and for now, seems to have stalled the previous day's retracement slide from the 93.60 area, or the weekly high.
New
update2025.06.05 14:35

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