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Silver Prices Drop, but Year-to-Date Gains Remain Strong

Yuki by Yuki
04/12/2024
in Futures News, Futures Quotes
Silver Prices Maintain Bearish Outlook as Resistance Holds Firm
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Silver prices (XAG/USD) experienced a decline on Wednesday. The metal traded at $30.82 per troy ounce, marking a 0.65% drop from Tuesday’s price of $31.03.

Despite this recent dip, silver has seen significant growth in 2024, with a year-to-date increase of 29.54%.

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For today’s silver pricing:

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Troy Ounce: $30.82

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Per Gram: $0.99

Additionally, the Gold/Silver ratio, which indicates how many ounces of silver are required to equal the value of one ounce of gold, rose to 85.66 on Wednesday, up slightly from 85.16 the previous day.

Related topic:

Where to Buy Silver Futures?

How Do Silver Futures Work?

8 Things To Know Before Investing In Silver Futures

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  • Bitcoin Approaches Record High on Strong Market Momentum 14/06/2025
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  • Ukraine Loses Wheat Markets in Asia and Africa 14/06/2025
  • Codelco Turns to Partnerships to Boost Copper Output 14/06/2025
  • Trump Announces Preliminary US-China Trade Deal 14/06/2025

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Copyright © 2024 Welcome to sorafutures futures portal! Here, we illuminate pathways to tomorrow’s opportunities, equipping you with insights and resources to thrive in an ever-evolving world. With a blend of vision and pragmatism, we empower individuals to navigate uncertainties and seize their future with confidence.