Silver prices (XAG/USD) remained largely stable on Friday, November 13, 2026, according to FXStreet data. The precious metal was trading at $49.97 per troy ounce, showing a minimal change of 0.07% from the previous day's closing price of $50.01. Despite the slight fluctuation, silver has experienced a significant decline of 29.70% since the start of the year.
The Gold/Silver ratio, which measures the number of silver ounces needed to match the value of one ounce of gold, rose to 78.01 on Friday, up from 77.49 on Thursday. This ratio is often used by investors to assess the relative valuation between the two metals.
Silver, a precious metal with a long history as a store of value and medium of exchange, is less popular than gold but still attracts investors looking to diversify their portfolios or hedge against inflation. It can be purchased physically or traded through financial instruments like Exchange Traded Funds (ETFs).
Several factors influence silver prices, including geopolitical instability, interest rates, and the strength of the US Dollar. As an industrial metal, silver's demand is also driven by sectors such as electronics and solar energy, where it is valued for its high electrical conductivity. Economic dynamics in the US, China, and India further impact price movements due to their significant industrial and consumer demand.