Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Silver prices fell on Tuesday, according to FXStreet data. Silver trades at $29.96 per troy ounce, down 2.51% from the $30.73 it cost on Monday. Silver prices have increased by 17.63% since the beginning of the year. Unit measure Today Price Silver price per troy ounce $29.96 Silver price per gram $0.96 The Gold / Silver ratio, which shows the number of troy ounces of Silver needed to equal the value of one troy ounce of Gold , stood at 77.89 on Tuesday, up from 76.49 on Monday.
As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar behaves as the asset is priced in dollars . 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.
Commodities XAUUSD XAGUSD Gold Silver
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Silver Price Forecast: XAG/USD falls to near $30.00 as Fed may maintain higher ratesSilver price extends losses to near $30.20 per troy ounce during the European trading session on Monday.
Les mer »
Silver Price Forecast: XAG/USD falls to near $31.50 amid hawkish FedspeakSilver price continues to lose ground after retreating from the highest level of $32.51, a level not seen since December 2012.
Les mer »
Silver price today: Falls on June 3Silver prices (XAG/USD) fell on Monday, according to FXStreet data.
Les mer »
Silver Price Forecast: XAG/USD depreciates to $30.50 due to improved US yieldsSilver price retraces its recent gains, trading around $30.50 per troy ounce during the Asian session on Tuesday.
Les mer »
Silver Price Forecast: XAG/USD extends losses to near $31.00 due to market cautionSilver price continues to lose ground for the third consecutive day, trading around $31.10 per troy ounce during the European session on Friday.
Les mer »
Silver Price Analysis: XAG/USD tanks towards $31.00 as ‘evening star’ emergesSilver prices dropped from daily highs that had reached around $32.09 earlier, even though US Treasury bond yields tumbled.
Les mer »