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Just checked the latest silver price and it's taken a hit today. XAG/USD dropped to $71.46 per troy ounce, which is a pretty sharp 4.84% dip from yesterday's $75.09. Interesting timing considering silver's been relatively flat this year with only a 0.52% gain since January.
The latest silver price movement is worth noting alongside what's happening with gold. The Gold/Silver ratio bumped up to 64.77 today compared to 63.38 yesterday, meaning you need more silver to match one ounce of gold right now. That's been creeping up a bit.
Not sure if this is just normal volatility or if there's something driving the latest silver price action downward. Either way, worth keeping an eye on if you're tracking precious metals.