Current price of silver
From Silver Bullion Bars, Ingots, Coins and Rounds. Junk Silver Prices
Current price of silver
The current price of silver is the market spot price as of the close of trading on the NYMEX, one of the world's important precious metals exchanges.
The current price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility.
From 2001 onwards, the current price of silver has risen very high: from US$5 for one troy ounce to US$50. There are predictions that in 2015 silver price will rise to US$100 for 1 troy ounce.
Current price of silver bullion: Current price of silver charts
You can find current price of silver bullion on our charts at the silver bullion prices page or here.
We have 24 hour spot current price of silver bullion, last 30 and 60-day silver price charts, last 6-month, 1, 5-years and 10-years silver price charts. We also have data of current price of silver bullion since 1985.
Current silver bullion prices : 24 hour spot silver prices
Last 30-day silver price chart
Last 60-day bullion silver prices
Last 6-month silver bullion price chart
Last 1-year silver prices
Last 5-years silver bullion prices
Last 10-years silver bullion prices
Since 1985 silver prices
Information regarding current price of silver
Current price of silver are impacted by a number of elements such as supply, demand, and marketplace sentiment. The current price of silver fluctuates daily as traders and different investors adjust their holdings but the overall direction of price movement is driven by silver supply and demand. The regular measurement of value is stated and displayed in current price of silver.
The current silver price is occasionally referred to as globe silver price, New York silver price, London Metal Exchange silver price, spot silver price, marketplace silver price and silver bullion price. These silver prices are indications with the current trading silver prices for 1 troy ounce of silver on the largest world silver exchanges.
Like for most other commodities, the current silver price is driven by speculation and supply and demand. Compared to gold prices, the silver prices are very volatile. This is because of lower liquidity, and higher demand fluctuations between industrial and store of value utilizes.
Like all silver prices, the current price of silver these days reflects the inherent value of silver and also the relative strength with the underlying fiat currency. For example, the FRN$ price of silver might improve more in percentage terms than silver priced in US$. The reason could be that the change in current silver prices is really a reflection of FRN$ weakness against the US$ and wouldn't be the result of the change within the intrinsic value of silver according to the silver market fundamentals.