Silver Price This Morning Traded at US$29.078 per Troy Ounce (Friday, September 6, 2024)
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Silver prices fell on Friday, September 6, 2024. Today's silver price traded at US$29.078 per troy ounce, lower than the previous day's US$29.183 per troy ounce. This is similar to the recent upward trend in silver prices over the past day.
Over the past week, silver prices have grown by -3.04 percent, with an average daily transaction price of US$28.92 per troy ounce. Compared to the beginning of the year, silver prices have increased by 20.91 percent. However, from its yearly high of US$30.453 per troy ounce, the price has fallen by 4.52 percent.
Annually, the average silver price trade over the past five years has shown an upward trend. Meanwhile, monthly price monitoring shows an upward trend in transactions over the past 12 months. The highest average monthly price for silver was recorded in August 2024 at US$29 per troy ounce.
In 2020, Indonesia had recorded silver ore reserves of 2.8 billion tons. These reserves are estimated to last 214 years (until 2234).
Some silver-producing regions in Indonesia include Bengkalis Regency (Riau), Bontang City (East Kalimantan), Pulau Laut (South Kalimantan), Sambas Regency (West Kalimantan), and Bolaang Mongondow Regency (North Sulawesi).
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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