Silver prices remained largely unchanged near the $60 mark on Thursday, trading at $60.48 per troy ounce. This represents a marginal increase of 0.10% from Wednesday's close of $60.42, according to FX Street.
During the European trading session, silver hovered close to its four-week low, which stands at approximately $60.00 per troy ounce. The metal’s price stability reflects cautious market sentiment amid ongoing global economic uncertainties.
For Japanese investors, silver’s steady performance comes as a notable point amid fluctuating FX rates and commodity demand, influencing portfolio diversification strategies in the current market environment.