What is the Silver Spot Price?
The spot price of Silver is the current price in the Precious Metals marketplace at which a raw ounce of Silver can be bought and sold for immediate delivery. The spot price fluctuates constantly, making it important for investors to stay up to date on current events, market conditions and other performance indicators, as they affect both the buying and selling of Precious Metals. The price you will pay for any Silver product is the spot price plus a premium, which is added by all dealers to cover their overhead.
Silver prices are quoted in ounces but can easily be converted into grams or kilos, depending on the quantity you want to buy or sell.
- ($0.13) ⌄
|Silver Price Per Ounce||$17.19||($0.13)|
|Silver Price Per Gram||$0.55||$0.00|
|Silver Price Per Kilo||$552.67||($4.18)|
Annual Silver Prices and % Returns By Currency
Top Silver Bullion Products
APMEX Silver Investment Tools and Alerts
At APMEX, we offer a number of tools to help our customers become better-informed investors. You can track your Precious Metals holdings, be alerted to spot price movements, request notifications on products that are out of stock and more. Learn more about all the tools and alerts available with your free APMEX account.Learn More
Silver Price Recent News
As in most things in life, knowledge is power when it comes to Precious Metals investing and collecting. APMEX is committed to helping you make the best decision about how to allocate your collecting or investment budget. Our Market Reports provide valuable information about the possible reasons behind movements in the markets.Read Our Market Reports
Silver Price FAQs
When determining what is the price of Silver, what is the difference between an ounce and a troy ounce?
An ounce is not a "regular" ounce when paying the spot on Silver price. When Americans refer to ounces, they generally are referring to avoirdupois ounces. The price of Silver per ounce is always measured in troy ounces, which are equal to 1.09711 avoirdupois ounces. One troy ounce equals 31.1035 grams.
Silver prices at any given moment are the same no matter where you buy in the world. Live Silver prices always reflect Silver traded in U.S. dollars. In local markets, the Silver price in USD is simply converted to the local currency to reflect the price for 1 troy ounce of Silver.
The Bid Silver price per ounce today is the current highest market offer to sell to a dealer. Consumers can expect to receive the bid price when selling Silver to a dealer.
The overall price of your coin will change with the spot price, but Silver coin values also vary depending on factors such as mintage, scarcity and condition. Whether they come from a private mint or a sovereign mint, Silver coin values will differ. Coins and bullion make great opportunities to grow the value of your collection.
The Ask current Silver price per ounce is the current minimum price for a dealer to sell in the market. Dealers will offer to sell Silver to you for the ask price.
Make the most of your Silver with Precious Metals IRAs, which are Self-Directed IRAs. Just like with regular IRAs, any profits on your Silver investment sales can be tax deferred as long as the proceeds are kept with your reinvestment custodian or transferred to another IRA account.
The difference between the Ask Silver ounce price and the Bid ounce price of Silver is the Spread, or the bid-ask spread, and represents the dealer's profit. The dealer will pay you the Ask Silver price today when you sell Silver, while you will pay the Bid price of Silver today.