Sunday 04/May/2025 – 05:41 PM
Silver prices in local markets decreased by 2% during last week’s trading, with the ounce of the global stock exchange decreased by 3.2%, affected by the decline in bets to reduce interest rates in the short term, after the issuance of strong American job data, according to the report of the “Safe Resort” center.
The price per gram of silver 800
The report pointed out that silver prices in local markets fell at a value of pounds, during last week’s trading, as the price of a gram of silver was opened 800 caliber trading at 48.75 pounds, and the transactions were concluded at 47.75 pounds, while the ounce on the global exchange rose, with a value of $ 1.04, where the week’s transactions opened at 33 dollars, and concluded at 31.96 dollars.
The price per gram of silver 999
He added that the price per gram of silver 999 recorded 59 pounds, and the price of a gram of silver 925 was about 54.50 pounds, while the silver pound (925 caliber) recorded the level of 436 pounds.
The report pointed out that silver prices in local markets decreased due to the decline in the ounce of the global stock exchange, but the increasing demand for local markets is limited to its losses.
Silver is witnessing a high demand during the current period as consumer behavior changes, and the desire for products and vessels that meet hedge and savings needs.
The rise in gold prices and the decline in the purchasing power of citizens led to the demand for silver, especially with companies offering silver alloys with different weights that are compatible with their purchasing capabilities, and it is easy to convert into money when the sale.
The report pointed out that the prices of silver on the global stock exchange declined by the dollar forces, amid the decline of commercial tensions, and the signs of the potential agreement between the United States of America and China, which led to the shrinking of investor fears of the repercussions of customs duties, and enhanced stability in global markets.
