Silver Prices Bounce Back with 1.36% Gain on September 16
Silver prices have risen on September 16, according to FXStreet data. The metal trades at $64.54 per troy ounce, a 1.36% increase from Tuesday's price of $63.67.
This comes after a decline in silver prices throughout the year, which has dropped by 9.21% since January.
The Gold/Silver ratio, which indicates how many ounces of Silver are needed to equal the value of one ounce of Gold, fell from 67.44 on Tuesday to 67.12 on Wednesday.