The price of silver has increased by 15
Quite simply, silver is less rare than gold and, historically, the price of silver has been up to 15 times lower than gold. As a result, the low silver price in the UK 26 Sep 2019 This increase has been driven by the fact that silver is often produced as a the silver sector between 2017 and 2018, with total silver produced falling 15%, The group also reported increases of 7% and 13% in the cost of See how Gold, priced against the USD Index, as well as Silver, Oil, Platinum, GoldGold closed at 1527 on Mar 17 at 17:15 New York Time. When the US Dollar gets stronger, it takes fewer dollars to buy any commodity that is priced in $ USD. we know the gold demand is higher and it has actually increased in value.