Silver Prices Fall on Thursday, Still Up 10.85% in 2025

Silver Prices Fall on Thursday, Still Up 10.85% in 2025

Silver prices (XAG/USD) experienced a modest decline on Thursday, with the precious metal trading at $32.03 per troy ounce, down by 0.66% from the previous day’s price of $32.24, according to Tredu data.

This drop marks a temporary retreat after a strong upward trend in recent months. Despite the small decrease, silver prices have surged by an impressive 10.85% since the beginning of 2025, reflecting the ongoing strong demand for precious metals. Silver’s performance this year has been a notable contrast to some other commodities that have been more volatile.

In terms of other pricing measures, silver’s price per gram is $1.03, providing a lower-cost entry point for smaller investors or those looking to trade in smaller units.

The Gold/Silver ratio, which reflects the number of ounces of silver needed to equal the price of one ounce of gold, stood at 98.95 on Thursday. This is a slight increase from Wednesday’s reading of 98.56, indicating a minor shift in the relative value of silver compared to gold. The ratio is a key metric used by investors to assess the relative value between the two precious metals, and any movement in this ratio can signal changes in market sentiment and investor strategies.

Although silver prices saw a decline on Thursday, analysts are still optimistic about the metal’s long-term performance in 2025, with many expecting continued growth based on ongoing global economic uncertainties and demand for safe-haven assets.