Silver Price OutlookSilver prices were broadly unchanged over the last month, as the impact of the coronavirus outbreak on global economic prospects was broadly offset by solid safe-haven demand. Silver traded at USD 17.8 per troy ounce on 14 February, which was up 0.1% from the same day last month. The price was 0.9% lower on a year-to-date basis but was up 13.9% from the same day a year prior. The worsening coronavirus outbreak in China has brought economic activity in the world’s second-largest economy to a virtual standstill and is set to have a knock-on effect on global growth, likely translating into more muted industrial and jewelry demand for silver. However, low interest rates and high U.S. equity valuations have cushioned the price fall by encouraging investment into precious metals.
Silver Price History Data (USD per troy ounce, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Silver Historical Price Chart
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