Silver Spot Price

Silver is available for investment in a number of forms, such as physical silver bullion and paper silver. Silver bullion is most found in coin, round, and bar forms with numerous size options. Some investors appreciate government-minted coins, while others prefer purchasing silver bullion bars and rounds at lower premiums. On the other hand, paper silver is available in the form of Exchange-Traded Funds (ETFs) and certificates – essentially, a piece of paper stating a financial institution is holding a specific amount of silver for you. These options differ from silver bullion because the physical silver is never actually in the buyer’s hands.

Silver bullion refers to a silver product valued by and sold mostly for its metal content and does not contain any numismatic or collectible value. Silver bullion often appears in the form of bars, rounds, and sovereign coins that carry a face value and are backed by a government. These products are most commonly categorized, therefore, as either .999 fine or .9999 fine silver bullion, meaning the product is either 99.9% or 99.99% pure silver.

Browse our broad selection to find the perfect silver bullion coin for your collection today.

If you are interested in diversifying your silver bullion with gold, explore our selection of gold bullion for sale today.

The silver bullion prices are established and adjusted by the world market, which includes buyers and sellers, relating to the price of silver futures. Established markets worldwide are known for their Precious Metal exchanges and international client bases, such as – the Commodity Exchange Inc. (COMEX), New York Mercantile Exchange (NYMEX), London Bullion Market (LBM), and the Chinese Gold and Silver Exchange Society (CGSE) to name a few of the most well-known.

Silver's value is based on the live silver spot price, which is affected by various influences such as global supply versus demand, market conditions, and geopolitical events. In a silver product, the metal content determines the value's weight. An exception can be seen with rare or collectible numismatic silver products, usually with a premium higher than the value based solely on the metal's weight.

Other considerations like packaging, a certified grade from a third party, and merchandising can impact the final price for the silver you purchased. APMEX uses third-party grading companies PCGS and NGC, both known for their reliability and trusted guarantees, to guarantee the condition of coins and encapsulate them to maintain their grade.

The price of silver can fluctuate based on market conditions, supply and demand, geopolitical events, and more. When someone refers to the price of silver per ounce, they refer to the silver spot price. While the overall price of your coin will change with the silver spot price, silver coin values can still vary depending on other factors such as mintage, scarcity, and condition. Whether they come from a private mint or a sovereign mint, silver coin values will differ.

An ounce is not a "regular" ounce when paying the spot on silver prices. When Americans refer to ounces, they generally are referring to Avoirdupois ounces. The price of silver per ounce is always listed in troy ounces, which equals 1.09711 Avoirdupois ounces. One troy ounce equals 31.1035 grams. Troy weight, a unit of measure in medieval France, has become an integral part of today's precious metals industry. Brought to us from Troyes centuries ago, its use is invaluable in determining accurate measurements for gold and other metals' quantities.

Silver’s bid price is the price the dealer is willing to buy silver while the silver ask price is the price at which the dealer offers to sell the silver to customers. Generally, the difference found in the bid and ask price includes the costs for fabrication and distribution of the coin, which is called the premium. The price difference between the buying price and selling price is the spread – so if silver is purchased at $20.00 and sold for $25.00, then the spread will be $5.00 USD.

The overall price of your coin will change with the silver spot price, but silver coin values also vary depending on factors such as mintage, scarcity, and condition. Silver coin values will differ whether they come from private or sovereign mints. Coins and bullion make great investment opportunities; for any questions regarding the eligibility of specific silver products in your investment portfolios, please consult your financial advisor.

Are you considering about buying silver dollar coins? Please browse our selection and find the right coin for your collection today.

Silver prices are the same at any moment regardless of where you buy. Live silver prices always reflect silver traded in U.S. dollars. In local markets, the silver price in USD is converted to the local currency to reflect the price for one troy ounce of silver. There are some better-known exchange markets located around the world for trading Precious Metals that are always up to date on the silver spot prices, such as the COMEX, NYMEX, LBM, and CGSE.

After deciding what kind of silver you’re interested in buying, you must decide how to store your silver securely. Your first decision will be if you want to store your silver at home or in a secure third-party facility. If you choose to store it at home, you can keep your silver in a safe or lock box to provide an extra level of protection. If you wish to store somewhere other than your home, a place that can provide higher levels of protection against theft or environmental damage, you can store your silver with a reliable third party such as Citadel  (a subsidiary of APMEX) for a small fee.

If you decide to trust Citadel with your precious metals, there are many benefits over storing your investments at your home. Citadel secures your silver and peace of mind by protecting against theft, physical damage, and loss. Your holdings are never placed with our customers’ products, and you will have a personalized web page detailing your items in storage so you can check their real-time market value. APMEX will also buy back your stored purchases at market price, and there is no shipping cost when you decide to sell to us.

Are you ready to sell your silver? With APMEX, you can sell your precious metals online – quickly and easily! Visit the  Sell Silver to Us section to receive information on how to sell your silver bars, coins, and rounds to APMEX or call our Specialists for a detailed selling process at 800.375.9006.

The gold to silver ratio is a formula used to determine how many ounces of silver it takes to buy one ounce of gold. For the ratio, take the gold price divided by the silver price. Investors use this ratio to determine the relative value of silver to see if a potential buying opportunity exists. Track today's live gold price and stay informed.

Interested in diversifying your investment strategy with gold? Browse our broad selection of gold coins, rounds, and bars.

Investing in a Precious Metals IRA with silver, or a self-directed IRA, is an investment option with upside potential. Similar to standard IRAs, you can purchase and sell your metal with the tax-deferred, allowing the profits from sales to remain untaxed until you withdraw them at retirement age – when it may be more financially advantageous for you.

Shopping online with APMEX may involve state and local taxes based on a few factors. The full or partial order amount being taxed and your shipping destination address can determine the tax rate. To find out more details about individual states' regulations, visit our State Tax Information page!

When ordering online or over the telephone with us, your price is locked in the moment your order is submitted. After submitting your order, you will also receive an email containing an order confirmation listing what you purchased and your final price.

When purchasing with APMEX, you can choose between several payment methods. In some cases, these options may even include discounts. To find out which accepted payments qualify for special offers and see all our detailed FAQs about pricing and payment types, visit our Payment FAQ page today.