Commissions do not affect our editors' opinions or evaluations. The price of silver today, as of 9:12 am ET, was $32.93 per ounce. That’s up 1.85% from yesterday’s silver price of $32.33.

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Many traders pay close attention to the gold-silver ratio and use movements in this ratio as a signal to buy or sell one commodity or the other. Most of us are familiar with grams as the smallest ...