Silver (XAG/USD) declined on Tuesday, according to data from FXStreet. The metal traded at USD 51.64 per troy ounce, down 1.31% from USD 52.33 on Monday.
Silver pulls back after strong yearly gains
Despite the latest decline, silver prices remain significantly higher on a yearly basis, having risen 78.73% since the start of 2025. The recent pullback follows a strong rally driven by safe-haven demand and expectations of lower US interest rates later this year.
Latest price levels
| Unit measure | Silver price today (USD) |
|---|---|
| Troy ounce | 51.64 |
| 1 gram | 1.66 |
Gold/Silver ratio rises
The Gold/Silver ratio — which indicates how many ounces of silver are needed to buy one ounce of gold — increased to 80.07 on Tuesday, up from 78.55 the previous day. The move reflects stronger relative demand for gold compared to silver in the latest session.