Silver Price Calculator – Argentina

Silver Price Calculator – Argentina

Here's a comprehensive table summarizing key information about the silver price in Argentina:

AspectDetails
Current Price33,218.62 ARS per ounce1
Price Change (24h)-0.38%1
Price per Gram1,068.12 ARS1
Price per Kilogram1,068,002.78 ARS1
Currency Exchange Rate1 USD = 984.9910 ARS1
Year-to-Date Change+29% (as of November 11, 2024)10
Historical High34,247 ARS (October 22, 2024)2
Historical Low8,305.15 ARS (November 20, 2023)2
1-Year Price Change+259.26%2
Market StatusDeficit (4th consecutive year)10
Global Demand Forecast1.21 billion ounces in 2024 (1% increase)10
Industrial DemandExpected to surpass 700 million ounces (record high)10
Supply Forecast837 million ounces (1% increase)10
Key DriversIndustrial demand, economic conditions, inflation, currency fluctuations9
Price OutlookAnalysts predict potential targets between $30 and $48 per ounce by end of 20248

This table provides a snapshot of the current silver price in Argentina, recent trends, market dynamics, and future outlook based on the provided search results. The information includes pricing details, market forecasts, and key factors influencing silver prices in the Argentine context.

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