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Commodities

Silver Price Takes Hit, Down 0.68% on September 15

Guavy AI Editorial Team
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Silver
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Silver prices took a hit on September 15, according to FXStreet data. The XAG/USD price fell by 0.68% from $63.25 on Monday to $62.82 per troy ounce.

This drop marks the second day of decline for Silver, which has decreased in value by 11.62% since the beginning of the year.

The Gold/Silver ratio, a key indicator of their relative values, stood at 67.86 on Tuesday, down from 67.97 on Monday. This suggests that investors may view Silver as undervalued compared to Gold.

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