Silver prices rose on Friday, reaching approximately $60.40 per troy ounce, marking a gain of around 2% from the previous day. According to FX Street, silver traded at $60.40, up 2.06% from Thursday's close of $59.19.
The increase in silver's appeal was attributed to a pullback in US Treasury yields, which typically influences precious metal demand. FX Street reported that this dynamic supported silver's rise during the European trading session on Friday.
For Japanese investors, this movement in silver prices may impact commodity-linked assets and portfolios, especially as global interest rates and safe-haven flows continue to shape market trends.