Silver Prices Slip to $65.90 on September 7

Silver prices took a hit on September 7, according to FXStreet data. The metal traded at $65.90 per troy ounce, down 0.47% from its Friday price of $66.21.

This decline marks the seventh consecutive week of losses for silver, with prices decreasing by 7.29% since the start of the year.

The Gold/Silver ratio, which reflects the relative value between the two metals, remained broadly unchanged at 66.94 on Monday, indicating that gold and silver are still closely tied in terms of valuation.