Silver Price Today: XAG/USD Jumps to $38.02, Up 31.58% YTD

Silver Price Today: XAG/USD Jumps to $38.02, Up 31.58% YTD

Silver (XAG/USD) continues its bullish run in 2025, rising 0.85% to $38.02 per troy ounce on Wednesday, according to the latest data from FXStreet. This marks a steady increase from Tuesday’s close of $37.70.

The white metal has now climbed 31.58% year-to-date, supported by increased safe-haven demand, market uncertainty, and broader commodity sector momentum.

Current Silver Prices:

UnitPrice (USD)Troy Ounce$38.021 Gram$1.22

Gold/Silver Ratio Narrows

The Gold/Silver ratio—a key indicator measuring how many ounces of Silver are needed to buy one ounce of Gold—narrowed slightly to 87.87 on Wednesday from 88.18 on Tuesday, signaling relative strength in Silver compared to Gold.

Silver's Strong Performance in 2025

So far in 2025, Silver has surged over 31%, outpacing other commodities and even Gold in percentage gains. This surge is partly attributed to:

• Renewed investor interest in precious metals amid inflation concerns.
• Geopolitical tensions and trade tariff uncertainties boosting safe-haven flows.
• Tightening supply outlooks and rising industrial demand.

Related Reads on Tredu.com

• Gold Price Update: XAU/USD Nears $1,700 Amid Inflation Worries
• Why Silver Is Outperforming in 2025
• Gold vs Silver: Which Is the Better Investment Right Now?