{
  "id": 7996181,
  "title": "Silver price today: Silver rises, according to FXStreet data",
  "url": "https://urgent.news/2026/09/17/silver-price-today-silver-rises-according-to-fxstreet-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T09:37:36.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-today-silver-rises-according-to-fxstreet-data-202609170937"
  },
  "original_language": "en",
  "account": "Silver prices (XAG/USD) surged on Thursday, according to FXStreet data. The precious metal traded at $63.96 per troy ounce, marking a 1.58% increase from $62.97 on Wednesday. Silver prices have plummeted by 10.02% since the start of the year. The Gold/Silver ratio, indicating the number of ounces of Silver required to match the value of one ounce of Gold, stood at 67.40 on Thursday, a decline from 67.71 the previous day. Silver is an investment favorite for many, utilized as a store of value and medium of exchange throughout history. While less popular than Gold, traders often add Silver to portfolios for diversification due to its intrinsic value or as a hedge against high inflation. Investors can acquire physical Silver, either in coins or bars, or trade it via Exchange Traded Funds that mirror its price on international markets. Various factors influence Silver prices. Geopolitical turmoil or recession fears can trigger Silver price surges due to its safe-haven status, albeit to a lesser degree than Gold. As a non-yielding asset, Silver typically ascends when interest rates are low. Its price fluctuations also depend on the US Dollar (USD), as Silver is priced in dollars (XAG/USD). A robust Dollar tends to suppress Silver prices, while a weakening Dollar can propel them upward. Other variables, such as investment demand, mining supply, and recycling rates, can also sway Silver prices. Silver is extensively utilized in industries like electronics and solar energy due to its exceptional electrical conductivity, surpassing that of Copper and Gold. Increased demand can uplift prices, while a decline can lead to a price drop. Economic dynamics in the US, China, and India can also impact Silver prices: the US and China, with their significant industrial sectors, utilize Silver in various processes, while India's demand for Silver for jewelry drives its pricing. Silver prices generally mirror Gold's movements. When Gold prices surge, Silver typically follows, owing to their status as safe-haven assets. The Gold/Silver ratio, showing the number of Silver ounces needed to equal one ounce of Gold, can aid in assessing the relative valuation of both metals. Some investors may view a high ratio as a sign that Silver is undervalued or Gold is overvalued, whereas a low ratio might indicate that Gold is undervalued relative to Silver.",
  "summary": "Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $63.96 per troy ounce, up 1.58% from the $62.97 it cost on Wednesday.",
  "key_points": [
    "Silver prices surged to $63.96 per troy ounce on Thursday",
    "Gold/Silver ratio declined to 67.40 on Thursday",
    "Silver used in electronics and solar energy industries"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver price rebounds on softer Oil but Fed tightening caps recovery",
        "url": "https://urgent.news/2026/09/17/silver-price-rebounds-on-softer-oil-but-fed-tightening-caps-recovery",
        "published": "2026-09-17T11:50:38.000Z"
      }
    ]
  },
  "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."
}