Silver prices rose 2.73% to $52.92 per troy ounce on Wednesday, while the Gold/Silver ratio narrowed to 76.52 from 78.25.
Silver trades at $52.92 per troy ounce, up 2.73% from Tuesday's $51.52, and the Gold/Silver ratio fell from 78.25 to 76.52 as silver outperformed gold. This is a routine daily price recap with no new driver cited, so the move itself is documented but its continuation is not signalled. Year-to-date the price is still down 25.55%.
Silver prices climbed to $52.92 per troy ounce on Wednesday, marking a 2.73% increase from Tuesday's closing price of $51.52. Despite the daily gain, the precious metal remains down 25.55% year-to-date. The Gold/Silver ratio tightened to 76.52, down from 78.25 in the previous session, as silver outperformed gold.
Silver rose 2.73% to $52.92 per troy ounce on Wednesday, up from $51.52 on Tuesday, according to FXStreet data.