Silver Price Remains Steady Amid Global Market Volatility
The price of Silver has remained relatively stable on Thursday, according to FXStreet data. The current price is $62.01 per troy ounce, which is only 0.06% lower than Wednesday's closing price of $62.05.
This represents a decrease of 12.77% in the value of Silver since the beginning of the year.
The Gold/Silver ratio, which indicates the number of ounces of Silver required to equal the value of one ounce of Gold, has increased to 69.06 on Thursday, up from 68.46 on Wednesday.