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Live Spot Prices GOLD — SILVER — PLATINUM — PALLADIUM —

Silver Price Today (Live Spot)

The silver spot price is the current market price for immediate delivery of one troy ounce of silver. It’s discovered continuously across major venues (COMEX futures and the global OTC market) and reflects supply, demand, and currency moves in real time.

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Methodology & Data Sources

Silver Price Chart

$29.12 +0.28 (+0.97%) Last updated: --
Currency:
24H High
$29.45
24H Low
$28.92
52W High
$32.75
52W Low
$21.93
Volume (24H)
2.4M oz
Market Cap
$34.2B

Silver Prices by Unit & Currency

Live silver spot prices by unit and currency
Unit Bid Ask Mid Change Change %
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Live silver spot prices update automatically. Select a currency above to view localized prices.

Silver Calculators

Portfolio Value Calculator

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Value at Ask: $0.00

Scrap Silver Value Calculator

Fine Silver Content: 0.00 g
Estimated Value: $0.00

Spot to Premium Calculator

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Today's Silver Market Commentary

Add your daily silver commentary here.

Market commentary is for informational purposes only. See full disclaimer.

Market Insights

What Moves the Silver Price?

Silver trades as both a precious metal and an industrial metal. Key drivers include:

  • Industrial Demand: Electronics, solar PV, EVs, and medical uses influence consumption.
  • US Dollar & Rates: A stronger USD and higher real yields tend to pressure silver.
  • Gold–Silver Ratio: Relative value versus gold can attract mean-reversion flows.
  • Investor Flows: ETF inflows/outflows and futures positioning can amplify moves.
  • Mine Supply & Recycling: Output, by-product dynamics, and scrap recovery matter.
  • Macro & Geopolitics: Growth outlook, inflation trends, and risk appetite shift demand.

LBMA Silver Price vs Spot

The LBMA Silver Price is a daily benchmark set via auction (administered by ICE Benchmark Administration). Spot prices, by contrast, update continuously across trading hours. Small differences can occur around the auction window due to market dynamics.

Licensing Note: “LBMA Silver Price” is a registered trademark of ICE Benchmark Administration Limited. Display of LBMA benchmark values requires appropriate licensing. This page shows live spot prices.

Silver Price FAQ

What is the silver spot price?

It’s the current price for immediate delivery of one troy ounce of silver, discovered via COMEX futures and the global OTC market. Retail products are priced at a premium above spot to cover minting and logistics.

Why can’t I buy silver at spot?

Spot reflects wholesale trading in large bars. Coins and small bars include fabrication costs, logistics, and dealer margins, which show up as a premium over spot.

How often does the silver price update?

Silver trades nearly 24 hours on business days. This page refreshes live prices automatically during market hours.

What’s the difference between spot and futures?

Spot is for immediate settlement; futures are contracts for later delivery. Futures can trade at a premium (contango) or discount (backwardation) vs spot depending on storage and market tightness.

What affects the gold–silver ratio?

Relative macro conditions, mine supply, investor flows, and industrial demand can widen or narrow the ratio. Traders sometimes use extreme readings as mean-reversion signals.

Is silver taxed?

Tax treatment varies by jurisdiction and product type. In the US, physical silver is generally treated as a collectible. Consult a qualified tax professional for your situation.

Methodology & Data Sources

Live silver bid/ask/mid quotes are aggregated from trusted market data providers. Prices are displayed in USD and converted to other currencies using current FX rates. Update frequency is approximately every 60 seconds in market hours.

  • Bid: Highest price a buyer is willing to pay
  • Ask: Lowest price a seller is willing to accept
  • Mid: Average of bid and ask
  • Timezone: Eastern Time (ET)
  • Rounding: Prices rounded to two decimals for display

Disclaimer

The information provided in this article is for general informational and educational purposes only and is not, and should not be construed as, investment, financial, legal, or tax advice. Anchor Bullion LLC is a precious metals dealer and is not a licensed or registered financial advisor, broker-dealer, or financial planner. All investments, including precious metals, involve risk, and the past performance of an asset is not a guarantee of future results. You should conduct your own research and consult with a qualified professional before making any investment decisions.

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