|24h Vol (Global)||USD|
Explore the Silver USD/US dollar live chart. With this interactive tool, you can review the price of XAG/USD, analyze rate trends in real time, track the XAG/USD pair exchange rate in historic terms, and build your trading strategy to trade XAG/USD with leverage on PrimeXBT.
The troy ounce of silver (XAG) and the US dollar are combined in the XAG/USD trading instrument (USD). One lot of this pair is worth 500 troy ounces of silver. Because silver is used as a raw material in industry, medicine, and high tech, the demand for this precious metal is rising in tandem with the global economy, and as a result, investor interest in the XAG/USD pair is increasing. The XAG/USD pair has a high level of volatility, with a noticeable increase following the release of important financial news, such as macroeconomic data for the Eurozone, the United Kingdom, the United States, and Japan.
Because this valuable metal is widely used in production, its price is subject to worldwide demand, making it a volatile commodity to trade.
A US dollar is made up of 100 cents. To distinguish it from other dollar-based currencies, it is designated with the symbol $ or US$. The United States dollar is the most widely used currency in the world and is regarded a benchmark currency.
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