Silver Spot Price Today

Yes, here at SD Bullion, you can buy physical silver bullion in a range of formats, including silver rounds, silver bars, and coins. We have a large inventory that is sure to fit the needs of any investor.

We automatically lock in your silver prices at the checkout page, and you'll see it depicted on the screen. Note that when ordering online, the current silver price is only locked in for 3 minutes before it reverts and will reflect any changes to the price of an ounce of silver plus our premium.

The rally in silver prices is fueled by persistent supply deficits, explosive industrial demand, and safe-haven investment driven by geopolitical tensions.

Production levels play a key role—when prices fall, mining output may slow, tightening supply and supporting higher prices. Silver prices also respond to shifts in supply and demand, inflation concerns, investor behavior, government policies, industrial usage, and broader geopolitical conditions.

The silver spot price is primarily set by COMEX in New York, based on the most actively traded near-term silver futures contracts. Each day, bullion banks agree on the daily silver price at a fixed time to facilitate trading and settlement procedures. COMEX is part of the CME Group umbrella, along with NYMEX (New York Mercantile Exchange). Like the gold spot price, silver prices remain largely consistent worldwide, even though trading occurs across multiple exchanges and currencies. The silver market trades nearly 24 hours a day, with a brief daily pause from 5:00–6:00 PM EST, causing prices to update continuously. Because of this constant movement, tracking a live silver price chart is essential for comparing current prices to historical trends.

No, you will not pay the spot price of silver. Not even dealers are able to purchase silver at the spot price. Therefore, dealers must add a premium to the purchase to ensure profitability. Depending on the dealer and the investment in question, your cost can vary significantly. Without that premium, dealers would not be able to stay in business.

Online dealers tend to charge lower premiums than local coin shop. That is because online dealers are usually exposed to a larger market and carry lower business costs. However, local coin shops are able to provide immediate delivery.

The spot price for silver is the theoretical cost right now for one troy ounce of .999 fine silver bullion. However, the price can change by the minute, so lower spot prices do not get considered accurate when locking in a trade. It is crucial to know precisely what the silver spot price is at the moment you want to buy or sell silver bullion.

The bid price is what a dealer pays when buying silver from you, while the “ask price” is what you pay to buy silver from a dealer. The difference, called the bid-ask spread, reflects market competitiveness—narrow spreads mean lower costs, while wider spreads indicate higher fees and less favorable pricing.

Understanding the highest price (ask) and lowest price (bid) points can help investors evaluate market trends and make informed buying or selling decisions.

The one-ounce silver spot price reflects only the raw metal value, not refining, minting, artwork, or dealer premiums. Those added costs are included in the final retail price of coins, rounds, bars and jewelry.

Silver calculators allow users to quickly calculate the worth of their silver based on current market prices. Users can input the weight, purity, and current spot price to get an accurate valuation of their silver holdings. Many websites provide real-time updates on silver prices to assist users in calculating their silver's value. Silver value calculation tools are designed to help investors determine the worth of their silver based on live market data. Calculators for silver value can provide results in various currencies, making them versatile for international users.

Tracking both current and historical silver prices helps investors compare dealer markups and make more informed decisions about when to buy, sell, or hold silver.

The primary benefit of tracking live silver prices is that it provides you with a baseline on the cost of your silver investment. For instance, by knowing the price of silver per ounce, you can then determine if a particular dealer is charging too high a premium, whether now is the right time for you to buy silver if it would be wise to sell silver you're holding, and more. We use industry-leading technology to ensure that our live silver prices are always up to the second, to empower our customers in their investing needs.

Silver prices quoted here at SD Bullion are always in US dollars. Even if you're investing in silver in another country, the spot price will be in US dollars and then converted into local currency. The US dollar is the international standard for gold, silver, and other precious metals, and it allows standardization across all nations. You'll also find that most silver price charts show the cost of a troy ounce of silver. However, others may show grams or fractional weights. You must make sure that you're comparing and tracking the same information (ounce to ounce comparisons, rather than an ounce to a gram comparison, for instance). Inaccurate comparisons can lead to mistakes with your investing strategy.

SILVER vs. FIAT CURRENCY KEY

Silver vs. USD = Silver vs. US dollars, Silver vs. fiat US dollars
Silver vs. ARS = Silver vs. Argentine pesos
Silver vs. AUD = Silver vs. Australian dollars
Silver vs. BRL = Silver vs. Brazilian real
Silver vs. CAD = Silver vs. Canadian dollars
Silver vs. CHF = Silver vs. Swiss francs
Silver vs. CNY = Silver vs. Chinese yuan, Silver vs. yuan, Silver vs. renminbi
Silver vs. EUR = Silver vs. euros
Silver vs. GBP = Silver vs. pound sterling, Silver vs. British pounds
Silver vs. IDR = Silver vs. Indonesian rupiah, Silver vs. rupiah
Silver vs. INR = Silver vs. Indian rupee, Silver vs. Rupee
Silver vs. KRW = Silver vs. South Korean won, Silver vs. won,
Silver vs. JPY = Silver vs. Japanese yen, Silver vs. yen,
Silver vs. MZN = Silver vs. Mozambican metical, Silver vs. metical
Silver vs. NZD = Silver vs. New Zealand dollars, Silver vs. NZ dollars
Silver vs. RUB = Silver vs. Russian ruble, Silver vs. rubles
Silver vs. TRY = Silver vs. Turkish lira, Silver vs. lira,
Silver vs. ZAR = Silver vs. South African rand, Silver vs. rand

As the spot price for gold and the platinum price, silver prices today are the similar no matter where you might be around the world. However, this only applies to the silver spot price.

Silver bullion dealers tack on a premium to their silver bullion offerings, and those premiums can vary significantly from one dealer to another.

Know the current price of silver first, and then you'll have the foundation to begin comparing silver bullion dealer options.

Only marginally. Collectible coins do have some grounding in the price of silver, but there are other factors that contribute to their value (or detract from it), including rarity, condition, minting errors, and more.

For new investors, it is highly suggested to start with rounds or bars, which are not collectible and are valued only for their precious metal content. There are also newer semi-collectible coins, such as the American Silver Eagle and the Canadian Silver Maple Leaf which are less rare, and thus make better choices for new investors more interested in hedging their wealth against devaluation.

Investors seeking the lowest silver price per gram should focus on silver bullion bars, which generally offer the lowest premiums. Larger bars, such as 100 oz bars, provide the lowest cost per ounce, while kilo bars (32.15 troy oz) also offer strong value but may be less accessible due to their higher upfront cost.

Silver rounds are another low-cost option; they are not legal tender, carry no numismatic value, and are priced closely to spot silver as long as they contain the stated silver weight (typically one troy ounce).

The best way to find yourself spot deals is to subscribe to our newsletter down below and stay up-to-date with our latest sales.

Silver futures, options contracts and ETFs are paper-based investment options that track silver prices but differ significantly from owning physical metal. Futures contracts involve agreeing to buy large amounts of silver—typically 5,000 ounces—at a future date, with payment made upfront. Because prices can change before delivery and additional fees apply, futures are generally unsuitable for new investors or long-term silver holders.

Silver ETFs aim to track the silver value using paper claims or derivatives and often charge ongoing annual fees that reduce returns over time. Unlike physical silver, ETFs cannot be held directly and may trade differently than bullion, sometimes diverging from the silver spot price. For investors seeking direct exposure, physical silver bullion remains the most straightforward and reliable option. You can find some popular silver ETF fees here as you learn the best way to buy physical silver as you find your way into the precious metals industry.

When investing in silver, always ensure your transaction is secure and transparent to protect your assets. Reputable dealers offer secure shipping and handling, providing additional safety for your investment.

While the price of silver change frequently, tracking the current spot price and using historical silver price charts can help investors stay informed and confident. Silver is no more volatile than many other markets, including stocks. For those holding physical silver as a long-term hedge against inflation and currency devaluation, short-term price swings are less concerning. By monitoring prices over time, investors can make informed decisions about when to sell without worrying about sudden loss of value and ease their way through the precious metals industry.

Silver is typically priced in troy ounces, which equal 31.1 grams, so the price per ounce is higher than the price per gram. However, buying larger units usually lowers the cost per gram, meaning one-ounce or larger purchases offer better value than buying silver by the gram.

Silver coins typically cost more than the silver spot price because spot reflects raw silver before minting. Coins require additional manufacturing, quality control, and artistic design, which add premiums. Bars and rounds are simpler to produce and usually cost less, while some coins may also gain historical or collectible value over time.

Sovereign silver coins are those issued by a sovereign nation. They are typically produced by a national mint, but some smaller countries might commission their production from private mints as well.

Some good examples of these silver coins include the American Silver Eagle, the Mexican Silver Libertad, the Silver Krugerrand, the Australian Silver Kangaroo, and many others, as well.

These coins are sold above the silver spot price, and are in fact somewhat more expensive than silver bars and silver rounds, because they are issued with a government backing, with legal tender status and counterfeiting them will have the same legal implications as counterfeiting money. They also tend to be more liquid than bars and rounds and sell for higher bid prices as well.

Yes. Silver trades nearly 24 hours a day worldwide, with only a brief 60-minute pause from 5:00–6:00 PM EST on weekdays. Price discovery is led primarily by COMEX, with additional influence from markets like the LBMA - London Bullion Market Association. While prices are shown in local currencies, silver is globally priced in U.S. dollars.

There is no single “best” time to sell silver, as it depends on your financial goals and strategy. Many investors choose to sell portions of their silver holdings during periods of strong price performance, portfolio rebalancing, or when silver has met a long-term objective. Others hold through short-term volatility, viewing silver as a long-term store of value and hedge against inflation, currency risk, and economic uncertainty. Ultimately, the right time to sell is when it aligns with your broader investment plan—not just short-term price movements.

When you use a silver price chart to compare today's silver price with the silver price history, what you'll be seeing is the value of a single troy ounce of silver. A troy ounce is different from the standard ounce we use for weights and measurements. It's slightly heavier (it equals 1.09711 standard ounces). Always ensure that the silver price chart you're studying lists silver by the troy ounce and not by grams or any other measure.

The price of silver continually changes, sometimes by the minute. However, it also goes through cyclical ups and downs. In late 2025 and early 2026, silver has reached an all-time high driven by geopolitical events, high demand and supply shortages.

By understanding how silver prices per ounce vary over time, you can begin to predict future movements and make your silver price forecasts to inform your investing efforts.

Investing in silver for retirement can help reduce risk when used as part of a diversified, long-term strategy. While all investments carry risk, many investors view precious metals as a stabilizing counterbalance to stocks and traditional assets. To manage risk, track live silver spot prices to make informed decisions, diversify across asset classes rather than relying on silver alone, and understand that silver is priced in bulk, meaning larger silver bullion purchases can help you save in premiums and reduce the cost per ounce. Comparing silver and gold prices to stocks over time can also help investors maintain balance as economic cycles shift.

Silver prices tend to be more volatile than gold and other precious metals, but that volatility also gives silver greater upside potential during strong precious metals markets. Historically, silver has often outperformed gold during bullish cycles while underperforming during downturns. Over the long term, silver’s performance reflects both its role as a monetary metal and its growing industrial demand, making it behave differently from gold, platinum, and palladium.

If your goal is pure silver exposure, focus on low-premium silver rounds and bars. Investors with limited funds may buy smaller amounts over time, while those with more capital often benefit from purchasing larger bars. Larger bars typically offer a lower price per ounce due to lower manufacturing costs, similar to buying in bulk.

Sales taxes are largely only added to purchases of silver if you live in a state where local sales tax applies — currently, not all states in the US tax precious metals. If you are buying silver online and live in a country that does require this, the sales tax will likely get added to your order at checkout. Note that fees on silver bullion purchases are based on your billing address, rather than your shipping address.

Silver coin prices are often higher than the silver spot price because coins can carry numismatic (collectible) value beyond their metal content. Factors like rarity, condition, age, and minting history can significantly increase a coin’s price. Even modern silver coins usually have higher premiums than silver in bar form or rounds due to minting costs and collectibility. Investors focused purely on silver weight and lower premiums often prefer silver bars or rounds instead.

Silver prices are higher with credit card payments because dealers incur processing fees charged by card companies. To cover these costs, the fees are built into the price. Payment methods like ACH or personal checks don’t carry these fees, allowing dealers to offer lower prices. Money orders or cashier’s checks may also avoid dealer fees, though your bank may charge for issuing them.

No. While government-minted silver coins do carry a face value (such as $1), it is purely nominal and does not influence the coin’s market price. Silver coins are valued based on their silver content, condition, rarity, and any numismatic demand—not their face value. Because of this, they are never used for everyday spending. Silver rounds and bars, by contrast, have no face value, are not legal tender, and are typically priced strictly on metal content and premiums.

All dealers apply a standard, the fixed amount over the spot price of silver products. For instance, it might be $1 over the spot, or something else. This amount gets charged per ounce in most cases, and it will change over time based on fluctuations in the market as well as the supply and demand for each product. Note that different products may have different premiums. For example, Silver American Eagle coins minted at the US Mint may have a different premium applied than a one-ounce silver round or a 10-ounce silver bar. Silver jewelry tends to have a much higher premium because of the craftsmanship involved, that is why many will not consider jewelry a sensible investment.

You can still make money selling silver by taking a long-term approach. This statement applies to 90% junk silver coins, as well as silver rounds, bars, and more. Premiums apply when you buy, so short-term reselling often results in a loss. Instead, successful silver investors buy and hold, track current and historical silver prices, and sell only when the silver price rises enough to exceed their original cost, including premiums. Over time, silver’s long-term price trends have historically rewarded patient investors more than short-term trading.

At SD Bullion, silver prices can be locked in for a short time when you place your order, either online at checkout or over the phone. The lock-in window is clearly stated and protects both you and the dealer from rapid market swings. If the time expires, the price updates to the current silver rate. Accurate, real-time pricing and historical silver charts help investors make informed decisions within that window.

The gold-silver ratio shows how many ounces of silver are needed to equal the price of one ounce of gold. It’s calculated by dividing the gold price by the silver price.

This ratio helps compare silver’s relative value to gold over time. A high ratio means silver is priced lower relative to gold, while a low ratio means silver is priced higher. Investors often use it as a simple reference point when evaluating precious metals pricing trends.