Price of Silver Today Current Price of Silver

The most important trading venues for silver are the New York Mercantile Exchange (COMEX), the Tokyo Commodity Exchange, the Chicago Board of Trade and the London Bullion Market. The silver traded on the stock exchange is worth around 17 million US dollars in total. The price of silver has been increasing steadily for several years since the supply of silver cannot meet the high and constant demand. The highest price of silver in the last 9 years was $54.031 USD per ounce on October 16, 2025. Though many silver coins have a nominal face value, the amount listed is more of a qualification of the coin as legal tender within the country of its origin.

Even if the value of silver remains the same over time, it is still retaining its values against the pressures of inflation. Leveraged silver products involve the use of borrowed money or other derivatives in order to push the amount of silver you can purchase beyond what your own budget would suggest. Although these types of products can lead to magnified gains, they can also lead to magnified losses. Potential losses might even exceed the value of your own investment, and their increased volatility makes them inadvisable for all but the most experienced silver investors. It silver trading forex is the biggest and most important exchange for trading silver and other precious metals. The COMEX is located in New York City, but is (perhaps confusingly) part of a larger organization called the Chicago Mercantile Exchange, or CME.

Federal Reserve Chairman Jerome Powell acknowledged the pain of price inflation during his press conference at the close of… Silver’s lower price point makes it an attractive option for individuals who want to protect their savings but cannot afford gold. For a fraction of the cost, silver allows investors to preserve their wealth in tangible, lasting value. Like gold, silver serves as a safe-haven asset during economic instability. However, silver is often referred to as “the poor man’s gold” due to its affordability and accessibility. When financial systems falter, silver becomes an asset for those seeking to preserve their wealth.

The latest price of silver per ounce, gram, and kilogram using real-time interactive silver price charts. View the price of silver for different currencies around the world and various time periods. Historical silver prices are provided for context and to help inform investment decisions. You can buy physical silver from a reputable dealer online or from a local coin shop. Silver bars are produced in a variety of sizes to provide options for investors, including several gram sizes, up to 1,000 ounces. Silver ETFs trade differently than the actual silver bullion metal on the precious metals market.

Supply Constraints

Mining companies exist at the top of the silver sales market and profit according to the amount of silver they produce and the price they can receive for said silver. If the price of silver drops, the economics of mining more of it may not make sense and cause mining companies to slow or cease operations. As a result, supply drops, and the price of silver increases – which encourages the companies to resume their previous operating levels, and the cycle begins again. It is worked into items of jewelry or items of everyday use such as cutlery but is also used in electrical engineering and photography. Because silver kills bacteria and other microbes, it is also required in food technology and pharmaceutics.

How do I invest in silver for retirement while reducing my level of risk?

Overall, these types of products are decent instruments, although they are mostly similar in terms of benefits and drawbacks as standard stock purchases. If diversifying your portfolio with precious metals is the goal, merely buying shares of a store of gold without exercising physical control over it seems to fall short of the mark. The amount you invest in silver depends on your overall investment goals. Silver is considered a safe-haven asset that could be a hedge against inflation, global tension, market uncertainty, as well as currency fluctuations, due to its finite nature and historical evidence of holding its value over time. We recommend working with a finance professional for any investment advice.

Common Questions about the Silver Spot Price and the Price of Silver Today

Of course, geopolitical instability also plays a role in the silver price per ounce as does the fear of inflation, investor action, government actions, and ongoing industry demand. In times past, silver was the de facto currency of the world, even more so than gold. By following silver prices from day to day, investors can determine whether there is an up or downtrend, and buy or sell appropriately. Knowing the current silver spot price should help ensure that you’re able to make savvy decisions with your investing, whether you are holding, selling, or buying silver bullion for the long run.

Silver Bar Price

• Silver’s lower price point makes it an attractive option for individuals who want to protect their savings but cannot afford gold.
• For example, if the silver spot price is $25 per ounce and an investor purchased a 1 oz silver product for $27, the premium over spot is $2, which is the difference between the $27 silver product and the $25 silver price.
• The premium covers extra expenses like refining, manufacturing, shipping, insurance, dealer overhead, and profit margins, as well as supply and demand factors.
• The spot price of silver is the cost of one troy ounce of silver at that particular second.
• The silver spot price is calculated from silver future contracts, from worldwide markets such as the Commodities Exchange (COMEX), the London Bullion Market Association (LBMA), and the New York Mercantile Exchange (NYMEX).

Although the NYMEX is part of the same company (CME) as the COMEX and is mostly merged with the COMEX, it serves an ancillary market within the precious metals industry. Namely, the NYMEX is another venue for trading silver futures and options contracts. However, the NYMEX diverges from the COMEX in that much of its volume is focused on trading futures and options within the energy industry – particularly oil and natural gas. The price of gold is negatively correlated to the stock market most of the time. That being said, there are times when the price of gold and the stock market both go up or down in unison. Gold Eagle has been a premier destination for gold prices since the dawn of the internet, founded in 1997.

• Our interactive silver price chart above allows you to view prices for a wide range of periods and custom date ranges.
• Around 70 per cent of silver production occurs during copper, lead and zinc extraction.
• Their unifying characteristic is that they do not or rarely require you to take physical possession of silver.
• Spot prices are often referred to in the silver and gold markets, as well as crude oil and other commodities.

On this page, you can find the live silver price in US dollars as well its 21st Century performance versus other currencies. As well you will find many unique long-term silver price charts depicting price trends over time. If you do business with JM Bullion or another reputable precious metals dealer, you will be able to grab products for the price that you see. Once you enter into the sales process, your price will be saved for a short period of time.

However, silver is also purchased for use in the medical industry, in electronics, in aerospace, in the automotive sector, and many more use cases. Of course, there are also private investors keeping a close eye on the silver price per ounce to protect their financial situation, as well. The following is a calm market illustration of both typical buy and sell prices for silver bullion concerning the fluctuating silver spot price. Our interactive silver price chart above allows you to view prices for a wide range of periods and custom date ranges. We also provide a “quick view” chart that provides the price today, within 24 hours, for the past month, the past six months, and for a full year.

SD Bullion Live Silver Spot Prices

Our physical silver bullion prices are updated continuously to reflect the current rate of silver on the market, as well as our dealer premium. Silver is an even more precious commodity in our everyday lives than gold is in terms of use cases. Thus, there are even more factors that can change silver prices positively today. Some of the factors that play a role in improving the price of silver include supply and demand factors, new industrial, or medical uses for the metal, fluctuations in fiat currency values and more.

When it comes to silver investing, premiums—the cost above the spot price—can significantly impact your returns. At Bullion.com, we are committed to offering the lowest premiums in the market, ensuring more of your money goes toward the value of your silver rather than unnecessary markups. Aside from bullion, “paper silver” is also available in the form of ETFs and certificates.