Silver prices decreased on March 17, 2025
Silver prices fell on March 17, following a similar trend to Gold prices. The Gold/Silver ratio increased to 88.69 from 88.19, indicating a shift in the relative valuation between the two metals. Silver's price is influenced by various factors, including industrial demand, economic conditions in the US, China, and India, and the strength of the US Dollar. A strong Dollar typically keeps Silver prices lower. Investors often use Silver as a way to diversify their portfolios. It can be bought physically or through Exchange Traded Funds that track its market price.