Created
: 2025.08.28
- 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
2025.08.28 18:32
2025.08.28 18:32
2025.08.28 18:32
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $38.87 per troy ounce, up 0.71% from the $38.60 it cost on Wednesday.
Silver prices have increased by 34.54% since the beginning of the year.
| Unit measure | Silver Price Today in USD |
|---|---|
| Troy Ounce | 38.87 |
| 1 Gram | 1.25 |
The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 87.43 on Thursday, down from 88.02 on Wednesday.
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
: 2025.08.28
Related articles
Gold consolidates near $3,400 ahead of US GDP, Jobless Claims
2025.08.28 20:59Silver price today: Silver rises, according to FXStreet data
2025.08.28 18:31Gold Price Forecast: XAU/USD trades firmly near $3,400, sees resistance around $3,440
2025.08.28 17:42Silver Price Forecast: XAG/USD surges toward $39.00 as Fed rate cut bets increase
2025.08.28 16:35India Gold price today: Gold falls, according to FXStreet data
2025.08.28 13:35Gold attracts some sellers amid profit-taking, US GDP data in focus
2025.08.28 11:28
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
GBP/USD retreats below 1.3500 as US GDP growth outpaces expectations
The British Pound (GBP) eases against the US Dollar (USD) on Thursday, trimming all of its earlier gains after climbing to a session high of 1.3526.
New
2025.08.28 22:35EUR/USD steady despite strong US GDP as Greenback stays under pressure
The Euro (EUR) holds firm against the US Dollar (USD) on Thursday,as the latest batch of US economic data failed to shift the broader bearish tone surrounding the Greenback. The pair briefly climbed to an intraday high of 1.1687 before easing to trade near 1.1666 at the time of writing.
New
2025.08.28 22:15US: Initial Jobless Claims dropped to 229K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance fell to 229K for the week ending August 23.
New
2025.08.28 21:36US economy grows 3.3% in Q2 vs. 3.1% expected
The United States' Gross Domestic Product expanded at an annual rate of 3.3% in the second quarter, the US Bureau of Economic Analysis (BEA) announced on Thursday. This print came in better than the initial estimate and the market expectation of 3% and 3.1%, respectively.
New
2025.08.28 21:35Euro rebounds against Swiss Franc as ECB minutes highlight cautious outlook
The Euro (EUR) is edging higher against the Swiss Franc (CHF) on Thursday, snapping a three-day losing streak that dragged the pair to its lowest level since August 4 on Wednesday. At the time of writing, EUR/CHF is staging a sharp rebound, trading around 0.9356 at the start of the American session.
New
2025.08.28 21:24Gold consolidates near $3,400 ahead of US GDP, Jobless Claims
Gold (XAU/USD) extends its advance for a third straight session on Thursday, trading near a more than two-week high, buoyed by a softer US Dollar (USD) and subdued Treasury yields.
New
2025.08.28 20:59GBP/JPY slides to near 198.50, Japan's Akazawa cancels visit to Washington
The GBP/JPY pair declines to near 198.50 during the European trading session on Thursday. The pair faces selling pressure as the Japanese Yen (JPY) outperforms a majority of its peers.
New
2025.08.28 20:47EUR/USD nudges higher ahead of US GDP, Jobless Claims figures
The EUR/USD pair extends its recovery from 1.1575 trading, reaching intra-day highs at 1.1670 ahead of the US session opening, with all eyes on the US GDP and Jobless Claims releases due later on the day.
New
2025.08.28 20:40JPY is supported by narrowed yield spreads and hawkish BoJ - Scotiabank
The Japanese Yen (JPY) is up 0.2% against the US Dollar (USD) and pushing toward the upper end of its recent range, supported by fundamentals and the relentless narrowing in US-Japan yield spreads, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.08.28 20:21GBP extending recovery in quiet week - Scotiabank
The Pound Sterling (GBP) is steady against the US Dollar (USD), trading with modest support as it extends Wednesday's bull reversal, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.08.28 20:19Disclaimer:
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
