Silver prices (XAG/USD) continued their downward trend for the second consecutive day, trading near $63.50 per troy ounce during Asian hours on Friday, according to FX Street.

The precious metal slipped from around $64.00, reflecting ongoing pressure in the market amid broader risk sentiment shifts.

For Japanese investors, movements in silver prices are closely watched as they impact commodity-linked assets and influence hedging strategies in volatile FX and equity markets.