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Commodities

Silver Prices Plummet 2.69% Amid Global Economic Uncertainty

Guavy AI Editorial Team
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Silver
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Silver prices fell by 2.69% on Tuesday, according to FXStreet data, settling at $64.76 per troy ounce. This marks a decline of 8.90% since the beginning of the year.

The Gold/Silver ratio, which measures the value of one ounce of Gold relative to Silver, stood at 67.55 on Tuesday, up from 66.84 on Monday.

Silver's price movements are influenced by various factors, including geopolitical instability, interest rates, and investment demand.

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