Silver Prices Plummet to $63.87 Amid Geopolitical Tensions
Silver prices fell on Wednesday according to FXStreet data, trading at $63.87 per troy ounce, down 0.35% from Tuesday's price of $64.09.
This marks a 10.15% decrease in silver prices since the beginning of the year, making it the second consecutive day of decline for the precious metal.
The Gold/Silver ratio remained largely unchanged at 67.56 on Wednesday, indicating that gold continues to be more valuable than silver.