{
  "id": 3932104,
  "title": "Silver price today: Silver rises, according to FXStreet data",
  "url": "https://urgent.news/2026/08/28/silver-price-today-silver-rises-according-to-fxstreet-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T09:32:30.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-today-silver-rises-according-to-fxstreet-data-202608280932"
  },
  "original_language": "en",
  "account": "On Friday, silver prices climbed to $70.41 per troy ounce according to FXStreet data, marking a 1.68% increase from Thursday's $69.25. Over the past year, silver prices have fallen by 0.94%. The Gold/Silver ratio, indicating the ounces of silver required to match a single ounce of gold, was 65.38 on Friday, falling from 66.44 the previous day. Silver is a valuable commodity, often used as a store of value and a means of exchange. While less popular than gold, some investors choose silver to diversify their portfolios, either for its intrinsic worth or as a potential hedge during high inflation. Trading silver can occur in physical form, like coins or bars, or through instruments like Exchange Traded Funds that mirror its market price. Factors influencing silver prices are varied; geopolitical tensions or recession fears can lead to a surge in silver prices due to its perceived safe-haven status, though to a lesser degree than gold. Lower interest rates typically boost silver prices, as silver doesn't yield interest like many other assets. The US Dollar's performance also impacts silver prices, as it's priced in dollars (XAG/USD). A stronger dollar usually keeps silver prices low, while a weaker dollar can drive prices higher. Other influences on silver prices include investment demand, mining supply, and recycling rates. Silver finds extensive industrial use in sectors such as electronics or solar energy due to its highest electrical conductivity among metals, surpassing copper and gold. Economic conditions in major economies like the US, China, and India can also contribute to silver price fluctuations, as their industrial sectors use silver in various applications, and demand for silver jewelry, particularly in India, plays a significant role in determining its price. Silver prices generally follow gold's movements, as both are considered safe-haven assets. The Gold/Silver ratio can indicate the relative valuation of the two metals; a high ratio may suggest silver is undervalued compared to gold, or gold is overvalued. Conversely, a low ratio could imply gold is undervalued relative to silver.",
  "summary": "Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $70.41 per troy ounce, up 1.68% from the $69.25 it cost on Thursday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD holds above $69.00 as traders assess Fed stance",
        "url": "https://urgent.news/2026/08/27/silver-price-forecast-xag-usd-holds-above-69-00-as-traders-assess-fed",
        "published": "2026-08-27T02:51:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}