Silver
XAGWhat is Silver (XAG): complete guide for Beginners and Investors
Silver trades as both a precious metal and an industrial one, quoted per troy ounce in US dollars.
Rate
At this moment, the price of Silver is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Silver has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.
History
It served as money for millennia alongside gold, and remained monetary in some countries into the twentieth century.
Technology
A large share of demand is industrial — solar panels, electronics and brazing — which ties it to manufacturing in a way gold is not.
Use cases
That dual nature makes silver noticeably more volatile than gold: it follows both the precious-metal trade and the industrial cycle.
Forecast
Walbi does not publish price targets. What can be said is what moves this instrument: that dual nature makes silver noticeably more volatile than gold: it follows both the precious-metal trade and the industrial cycle. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.
Silver details
| Ticker: | XAG |
|---|---|
| Type: | Commodity · Precious metal |