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Live silver prices in Zurich, London, Singapore and Toronto
BullionVault's silver price chart shows you the real-time spot price in the professional silver bullion market. You can then purchase silver at those same prices using BullionVault.
We give you the fastest silver price updates online, with live data processed about every 10 seconds. There is no need to refresh your browser. This chart also gives you up to 20 years of historical data, so you can see long-term pricing trends. Live and historic data is available in seven different currencies.
The silver price chart above allows you to select your desired currency from US Dollars, Australian Dollars, Canadian Dollars, Euros, Japanese Yen, Swiss Francs and British Pounds.
Buy gold, silver and platinum on BullionVault in US Dollars, Euros, British Pounds and Japanese Yen.
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Silver Price Chart FAQ
This silver price chart above is a live feed of the spot price in the wholesale market. It closes over the weekend and public holidays. BullionVault, on the other hand, never shuts. It allows you to trade 24 hours a day, every day of the year.
Set a custom silver price alert to be emailed whenever the silver price moves through your chosen value. Alternatively, follow our Tweets to be alerted whenever the silver price moves by a particular amount.
Yes, BullionVault gives you direct access to wholesale silver, gold, platinum and palladium at live professional-market prices, starting from as little as 1 gram at a time.
It's important to understand that the spot price shown above on BullionVault's chart is provided for reference. Like the spot price published by other sources (such as Reuters or Bloomberg) it represents the average of many wholesale quotes, and – crucially – it represents the average of those quotes' mid-points.
Spot, in other words, doesn't necessarily reflect a price you might actually get from any individual bank or dealer, and it cannot reflect the spread between prices to buy and prices to sell.
For private investors, only BullionVault gives you direct access to that trading spread, enabling you to set or accept prices as you choose using our live Order Board.
You will benefit from the lowest costs for buying, selling and storing silver. You can also calculate commission and silver storage fees using our cost calculator
The Daily Price of silver is determined by London's biggest bullion banks, who agree on a price to clear their outstanding client and inhouse orders at a fixed time each day. The London Bullion Market Association publishes this price on its website.
The price is determined on UK working weekdays at midday London time for silver (3pm for gold, 2pm for platinum and palladium). The prices are made public at midnight. Orders are processed shortly after the price is determined using a provisional estimated price, and then adjusted to the published price on the following working day. Place your order for silver by 11:40am to secure the daily price shown (2:35pm for gold, 1:35pm for platinum and palladium).
No Daily Price is published on Saturday or Sunday, or on certain UK public holidays.
Yes. Ordering at the Daily Price is an easy way to buy and sell silver. Tell us how much you want to trade and we'll do the rest for you.
The actual bullion and cash normally take two working days to settle to your account. For a purchase, your funds stay in your account and are reserved until the bullion is settled. Likewise, for a sale, the bullion you are selling is reserved in your account until you receive the cash, typically after two working days.
Open orders are only executed on days when an appropriate price is published.
The Daily Price of silver is published in troy ounces in US Dollars, Euros and British Pounds (1 troy oz = 0.0311034768 kg). On BullionVault, you place orders in kilograms. We convert the as-published price of silver per ounce to a price of silver per kg and round up to the nearest Dollar, Euro or Pound. We use the same silver price per kg for buying and for selling with no spread.
Many factors impact the changing price of silver, including industrial supply and demand, central bank monetary policy, inflation and the performance of stock markets and bonds.
Articles exploring silver prices and their relationship with the financial markets are published on BullionVault's Gold News each day. Additionally, once you open a BullionVault account, you can opt-in to receive the Weekly Market Update. This weekly email explores and discusses current movements in gold, platinum, palladium and silver prices and the reasons behind them.
BullionVault is the world's largest online investment gold, platinum, palladium and silver service, currently taking care of some $3.7 billion for more than 100,000 users.
The price of silver can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their silver. Currently, the spot price for 1kg of silver is .
However, it's possible to track the real-time changing price of silver in kg, plus daily, weekly, monthly and yearly trends using BullionVault's live silver price chart above.
The price of silver in 2030 is difficult to predict, as bullion prices can fluctuate by the second, let alone from year to year.
However, it's possible to view historic and real-time prices using BullionVault's silver price chart above. Looking at the 20-year view, you can see that silver prices reached all-time highs in Dollar, Sterling and Euro in March 2011.
Track the changing price of silver, as well as historic trends, using BullionVault's live silver price chart above.
The value in buying and selling silver depends on the current market price of the bullion and the price at which it was purchased, as well as the buyer's intentions.
For example, are they adopting a long-term view or day trading? Either way, the simplicity of owning physical silver bullion offers appealing security versus volatile digital currencies.
For more information on buying and selling silver, read our dedicated guide.
Silver bullion can be viewed as a good investment depending on the form in which it is bought. Retail silver coins and small bars incur 20% VAT when purchased in the UK. But when traded in wholesale (1,000 Troy ounce) bar form and stored in an LBMA approved warehouse, silver is VAT-free, significantly improving an investor's return compared with coins and small bars.
For more information on buying and selling silver, read our dedicated guide.
The price of silver can change by the second – as dictated by supply and demand – as well as the currency that the buyer wishes to use to purchase their silver. Currently, the spot price for 1 Ounce of silver is .
However, it's possible to track the real-time changing price of silver in kg, plus daily, weekly, monthly and yearly trends using BullionVault's live silver price chart above.
Silver price chart configuration
- Silver price in USD per troy ounce today
- Silver price in GBP per kilo over this week
- Silver price in GBP per troy ounce the this week
- Silver price in EUR per kilo for the last month
- Silver price per gram in GBP today
- Silver price per troy ounce in USD this week
- Silver price per kilo in EUR for the past 5 years
Opening an account is free, takes less than a minute, and gives you the ability to begin trading immediately with the free bullion we provide at registration.
Open an account today
FAQs
Is the price of silver expected to go up or down? ›
The price of silver will move to our first bullish target of 34.70 USD in 2023. We expect 48 USD soon after, not later than in 2024. Silver will move higher in 2023 because we expect the top in the US Dollar to be confirmed.
How much over spot should I pay for silver rounds? ›A fair premium for silver bars is typically 5% to 8%, while silver coins usually trade for 12% to 20% premiums above spot. Silver rounds register in between those premium points. Prices can be higher or lower depending on the mint that produced the round and its popularity in the marketplace.
Is silver expected to go up soon? ›Since most analysts expect gold to be higher in 2023, we can reasonably expect silver to outperform it. If not this year, then 2024. Either way it suggests that silver prices are more likely to rise in 2023 than fall. Many analysts have pointed out another fact about this tendency.
How high could silver go? ›Using the current silver price of about $25 per ounce, a 10-year bull run could put the price of silver anywhere from $150 to $750 per ounce.
Is it smart to buy silver now? ›Silver holds its value long term and fares well when interest rates are low — and fixed-income investments aren't earning much. In these ways, silver functions like gold as an investment, serving a similar "safe haven" role.
Why is silver selling for so much over spot? ›One of the reasons the premium on silver is so high compared to gold is the mining and refining costs. Companies involved in silver mining rarely do so as their main objective. The value of silver is already lower than many other metals, but more importantly it is rarely found on its own.
Is it better to buy silver rounds or silver bars? ›Silver coins have the edge over bars as a legal tender in that they have more recognition in the physical metal market and are easier to sell (high liquidity). This increased liquidity and recognition in the market also mean higher demands for silver coins, which is reflected in a high premium over spot price.
What is a fair markup on silver? ›When you purchase silver bullion, even from a reputable dealer, there will be a markup added to the final price beyond the spot price. This is done to allow the seller to also make a profit. According to the US Mint, the markup shouldn't be more than 5–8 percent over the current market value.
How much silver should I own? ›Some analysts recommend allocating five to ten percent of your portfolio toward gold and silver. Others suggest allocating up to 25 percent.
Will silver reach $50? ›"There is going to be huge distortions across all markets — meaning the bond market, the stock market, the metals market, the crypto market," explained Morgan. He believes silver may break through US$30 to trade in the US$33 range in 2022. He also sees potential for silver to reach US$50 in the near future.
What will be the silver rate in 2023? ›
| Last | Chg | |
|---|---|---|
| Silver Jul 2023 | $24.520 | 0.075 |
| Silver Sep 2023 | $24.650 | -0.003 |
| Silver Dec 2023 | $24.880 | -0.379 |
| Silver Jan 2024 | $24.973 | -0.719 |
Historically, Silver reached an all time high of 49.51 in April of 2011. Silver - data, forecasts, historical chart - was last updated on January of 2023.
What is the highest an ounce of silver has ever been? ›How was silver priced historically? Silver hit US$48.70 per ounce, the highest silver price to date, towards the end of the 1970s. However, the purchase price didn't exactly reach that level by honest means.
Will silver ever reach $100 an ounce? ›To reach $100, the price of silver would have to grow 400% from its current level. Here are three scenarios in which this may occur. Inflation spirals out of control in 2023. Silver will reach $100 per ounce the quickest if inflation approaches double digits in 2022 and 2023.
What Year Will silver Run Out? ›The timing estimate range for peak silver production is narrow, in the range 2027–2038, with the best estimate in 2034. By 2240, all silver mines will be nearly empty and exhausted.
What will an ounce of silver be worth in 2025? ›Based on this chart our Silver price prediction 2025 is $120 per ounce. This chart was originally prepared in June 2019 and then updated in mid-February 2022. The 'Big Scary Plunge' in March 2020 distorted all of the Financial markets including Silver.
Is silver going to boom? ›Many analysts believe silver is overdue a bull run, but are unsure whether 2022 is the year that the silver price will rise significantly. Investment demand remains high, but industrial demand is still being held back by shortages of other materials.
Who owns the most physical silver? ›Peru, Australia and Poland lead the world with the highest silver reserves, but there are many other top silver countries by reserves to know. Here's a quick look at where other nations stand: Russia — 45,000 MT. China — 41,000 MT.
Should I buy silver during inflation? ›Over extremely long periods of time, silver has historically served as an effective hedge against inflation.
Will silver go up if market crashes? ›Silver did not fare so well during stock market crashes.
In fact, it rose in only one of the S&P selloffs and was basically flat in another one. This is likely due to silver's high industrial use (about 56% of total supply) and that stock market selloffs are usually associated with a poor or deteriorating economy.
Will silver go up or down in 2022? ›
In 2022, mine production is expected to increase by 2 percent to 843.2 million ounces, while overall global silver supply is seen rising by 3 percent to 1.03 billion ounces. Growth in mine production is anticipated to continue over the medium term.
Will silver price go down in 2022? ›As per the data, physical demand for silver is expected to rise by 5 percent in 2022, said the experts. Silver prices will be supported in the near future on account of festivities in India and the Chinese New Year. Silver prices on tmay move higher towards Rs 62000 in the near term, said Mallya from Angel One.
Will silver prices Go Up in 2022? ›The silver price made waves in 2020 when it rose above US$20 per ounce for the first time in four years. Despite volatility, theprecious metal has managed to stay securely above that level in 2022.
How high will the price of silver go in 2022? ›Gov Capital, another algorithm-based forecasting service, issued a silver price prediction stating that the metal would close out 2022 at a potential average of $21.865. The platform sees silver rising to an average of $36.103 by the end of December 2023, $52.184 by the end of 2024, and $74.75 by December 2025.
Should I sell my silver now 2022? ›The general recommendation for selling silver is to take this step when demand and prices are higher. According to Capital.com, silver is expected to remain somewhere around the $24-per-ounce range throughout 2022.
Should I buy silver bars or coins? ›For investors, silver coins and silver bars both offer unique advantages. Silver coins have greater divisibility than silver bars, making them easier to buy and sell. Conversely, silver bars have lower production costs, giving investors more bang for their buck and a better chance of making significant monetary gains.