Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Silver prices rose on Wednesday, according to FXStreet data. Silver trades at $29.60 per troy ounce, up 0.34% from the $29.50 it cost on Tuesday. Silver prices have increased by 16.22% since the beginning of the year. Unit measure Today Price Silver price per troy ounce $29.60 Silver price per gram $0.95 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 78.81 on Wednesday, down from 78.87 on Tuesday.
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.
XAGUSD Commodities Gold XAUUSD 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 rises toward $30.00 after higher US Jobless ClaimsSilver price retraces its recent losses registered on Thursday, trading around $29.70 per troy ounce during the Asian hours on Friday.
Les mer »
Silver Price Forecast: XAG/USD rises to near $28.50 due to escalated geopolitical tensionsSilver price extends its gains for the second consecutive session, trading around $28.30 per troy ounce during the early European session on Tuesday.
Les mer »
Silver Price Forecast: XAG/USD trades around $29.50 nearing three-week lowsSilver price rebounds from a three-week low of $29.38 recorded on Tuesday, now trading around $29.60 per troy ounce during the European session on Wednesday.
Les mer »
Silver Price Analysis: XAG/USD collapses below $30.00 as double top emergesSilver prices sank sharply on Tuesday amid falling US Treasury bond yields and a firm US dollar.
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 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 »