Our spot price chart accurately reports silver spot prices in real-time. Use the table to the right to discover the silver price today in ounces, grams, and kilograms. Identify trends by examining our historical spot price chart below, showing the price of silver in various time frames, including 24-hours, 3 days, 1 week, 1 month, 3 months, YTD, 1 year, 5 years, and and all time. Bookmark this page to receive accurate and up-to-date gold silver prices information.

• These negative premiums (effective discounts) strongly indicate oversupply or weak international demand.
• The silver spot price can fluctuate throughout the day, based on market factors such as supply, demand, economic events, and geopolitical events.
• Recent increases in container shipping costs have compressed margins for cross-border silver traders.
• This type of price curve typically suggests adequate or even excessive near-term supply.
• The divergence between price strength and physical demand weakness stems primarily from investment flows driven by macroeconomic expectations.

Silver Futures Market News and Commentary

The silver ask price is the lowest price the seller is willing to sell silver at. The difference between the silver bid price and the silver ask price is called the bid-ask spread, which can vary based on the current supply and demand in the market, transaction size, as well as other factors. The divergence between macro-driven investment flows and physical market fundamentals creates a fascinating case study in silver market dynamics. This dichotomy highlights the importance of monitoring both monetary policy developments and industrial consumption patterns to form a complete market perspective. Silver has a high premium price per coin due to the manufacturing, design, and minting cost of small-sized silver, specifically 1 oz silver coins such as the American Silver Eagle.

When industries expand or new technologies emerge, silver often benefits from increased consumption, driving up its value. Gold, by contrast, lacks this industrial anchor, making silver’s performance more tied to economic growth and innovation. Silver has been a symbol of value and utility for thousands of years, cherished for its versatility and vital role in both industry and investment. At Bullion.com, we empower practical, cost-conscious individuals to protect their financial future by offering the lowest silver prices and premiums available. The current narrowing of spreads reported by SMM, coupled with warrant suppliers reducing TD premiums by 1-2 yuan/kg, indicates weakening physical demand despite macro-supported prices.

The technological landscape continues to evolve, with competing forces influencing silver usage. While miniaturization reduces silver content in some applications, new technologies in renewable energy, electronics, and healthcare create expanding demand sources. The electronics sector represents approximately 25% of silver demand, with circuit boards, semiconductors, and other components requiring silver’s unique conductivity properties. Recent electronics manufacturing PMI data suggests moderating growth in this segment. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Gold finds it difficult to gather bullish momentum and trades in a relatively tight channel above $3,300 following Monday’s choppy action. US Treasury bond yields continue to push higher after the Trump administration pushed the tariff deadline to August 1, not allowing XAU/USD to turn north. A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart.

What is the spot price of silver?

They help show patterns and price trends for commodities whose prices often change with the seasons. The dollar index (DXY00 ) Monday rose by +0.30% and posted a 1.5-week high. You are usually currencystrengthmeter_mtf precise forex indicator subject to state and local sales taxes when you buy physical silver.

Silver Price Chart – Track the Market

The physical silver supply in the earth has been diminishing due to recent mining efforts, making the total available above-ground supply much shorter than industrial demand. The silver spot price is mainly found by looking at the COMEX market, which represents the silver futures bid and ask price in the United States Dollars. Around the world, the London Bullion Market Association (LBMA) runs a market for institutional market makers to be able to trade silver using the LBMA silver price in British Pounds. Given these commodity exchange markets, traders around the world are then able to calculate the live silver spot price and trade both physical silver bullion and paper silver contracts.

The live silver spot price is determined based on real-time market conditions and factors such as supply and demand. It is calculated using the front-month futures contract with the highest trading volume. Our dynamic price chart provides real-time updates every minute, ensuring you have accurate information on the current spot price of silver. The divergence between price strength and physical demand weakness stems primarily from investment flows driven by macroeconomic expectations. The anticipation of Federal Reserve rate cuts following weak employment data has created financial demand for silver as a non-yielding asset, even as industrial consumers exhibit caution. Silver is often traded in larger sizes than gold bars due to the price per ounce being significantly lower.

Comparative Investment Analysis

Large manufacturers have adapted their pricing strategies to the evolving market conditions. SMM reports they are offering premiums of 3-4 yuan/kg against TD or discounts of yuan/kg against SHFE silver 2508 futures contracts. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar.

The non-interest -bearing assets including Silver may further decline as strong US jobs data tempered expectations for a rate cut in July by the Federal Reserve (Fed). Moreover, growing concerns over tariff-driven inflation have dampened expectations for Federal Reserve rate cuts, with markets now pricing in only two quarter-point reductions by the end of the year. Silver isn’t a better or worse investment than gold now as that determination is often made on a case-by-case basis, dependent on the individual investor and their budget and goals.

• Seasonal factors may be partially responsible for current consumption patterns, as many industries experience cyclical demand shifts during summer months.
• Exchange-rates.org has been a leading provider of currency exchange rates and commodity prices for nearly 20 years.
• Silver is an actively traded asset, and is bought and sold constantly by traders, investors, banks, which causes the price of silver to change frequently.
• Some experts advise that you diversify your commodity portfolio by adding a mix of commodities to it.

The dollar rallied after the stronger-than-expected US payroll report of +147,000 suggested continued strength in the US economy. Precious metals got slammed overnight—Phil Streible unpacks the key drivers and what to expect in the week ahead in today’s Metals Minute. Set bespoke alerts and be notified when the price of silver reaches your specified target, allowing you to stay informed of market changes. View each item’s original purchase information against the current spot price. All things being equal, if the supply of silver falls then the price of silver will increase, and vice versa. Some people buy silver products, such as coins, bars, and rounds, as collectible items.

Silver bullion products with enhanced security features to prevent counterfeiting may cost more. It is necessary to add a premium, or markup, to cover the operating expenses of doing business. Including silver in your portfolio ensures greater stability and resilience during economic downturns. The companies listed are not recommendations by Discovery Alert, they are displayed to demonstrate the potential of significant discoveries. For a look at all of today’s economic events, check out our economic calendar. A new high target zone is marked by a confluence range from $38.46 to $38.61.

If you spend a silver coin as legal tender, its denomination directly affects its value. This is the exact amount the coin is worth as currency for commercial transactions. Dealers must cover these extra costs when customers pay by credit card. Thus we offer a discount for “cash equivalent” payment methods such as bank wires. Credit card payments involve merchant fees and higher transaction costs.