Silver prices (XAG/USD) climbed to approximately $63.80 per troy ounce during Asian trading hours on Thursday, recovering from losses seen the previous day, according to FX Street.
The precious metal gained support as oil prices fell, easing concerns about supply disruptions and inflation pressures. FX Street reported that this retreat in oil helped silver regain ground and stabilize its recent volatility.
For Japanese investors, the movement in silver prices comes amid cautious risk sentiment in global markets, where commodity shifts often influence FX and equities trading strategies.