Silver Price Today: XAG/USD Drops to $36.00, Still Up 24.60% YTD

Silver Price Today: XAG/USD Drops to $36.00, Still Up 24.60% YTD

The price of silver (XAG/USD) slipped on Friday, reflecting a 1.80% intraday drop, bringing the metal down to $36.00 per ounce. This marks a decline from Thursday’s closing level of $36.66.

Silver Slips Amid Market Consolidation

Silver is cooling off after a strong multi-week rally. While short-term volatility is evident, silver has still delivered an impressive 24.60% gain during the first half of 2025, driven by:

• Rising demand for precious metals as inflation hedges
• Uncertainty surrounding central bank policy direction
• Strong industrial use outlook for silver

Quick Market Snapshot:

• Today’s Price: $36.00
• Previous Close: $36.66
• YTD Performance: +24.60%
• Outlook: Bullish momentum intact despite short-term dip

Explore more: Can Silver Reach $40 in 2025? Analyst Targets Explained