On July 29, silver prices rose 0.68% to $28.13 per troy ounce, increasing 18.21% year-to-date.

Silver prices rose by 0.68% on July 29, trading at $28.13 per troy ounce, up 18.21% since the beginning of the year. Silver has been historically used as a store of value and a medium of exchange, with investors turning to it for diversification, intrinsic value, or as a potential hedge during high-inflation periods. The Gold/Silver ratio stood at 85.05 on July 29, down from 85.45 on Friday.

July 29, 2024
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