Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to data. Silver trades at $57.53 per troy ounce, down 1.49% from the $58.40 it cost on Monday.
Silver prices have decreased by 19.07% since the beginning of the year.
Unit measure
Silver Price Today in USD
Troy Ounce |
57.53 |
1 Gram |
1.85 |
The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 70.27 on Tuesday, up from 69.81 on Monday.
(An automation tool was used in creating this post.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley warns: old storage prices are peaking, supply and demand may turn relaxed by 2028
Morgan Stanley pointed out that after the U.S. midterm elections, it is expected that about 20% of the new data center capacity in the United States originally planned for 2028 will be postponed to 2029. This may cause a "gap" in the supply chain in 2028, resulting in the risk of excess inventory of legacy storage. Legacy storage is less bound by long-term fixed price contracts, so a narrowing supply-demand gap could lead to significant price fluctuations. The above analysis refers only to legacy storage, including DDR3/4, SLC/MLC NAND, and NOR flash.

Cardano Foundation unveils zero-knowledge series as ADA drops 2.8% to $0.1725

