The trading conditions on our platforms are updated daily to reflect the average from the previous day. Although we try to always provide the best possible conditions, these may vary and can be affected by underlying market events. The info we provide is for indicative purposes only and can be changed at any time.The trading conditions provided above apply under normal market conditions. We have the right to amend these at any time, as per our Terms and Conditions. The price of silver is determined by the push and pull of supply and demand.When the demand for Silver in the UK exceeds its supply, prices go up, and vice versa. We don’t offer 1kg silver bars, however we do offer 100 ounce and 1,000 ounce bars, the equivalent of just over 3kg and 30kg respectively.
- So, to work out the 1kg silver price in the US simply divide 1,000 by 31.1 and multiply by the current silver spot price (available at the top of the page) then add or subtract the current premium for the bar.
- Our information is trusted by millions of users across the globe each month .
- If that date is a US holiday, then the settlement date rolls forward to the next day that is both a good UK and good US business day.
- It is typically determined by the best bid and offer for silver as offered by large bullion banks trading in real time throughout the world and quoted by data providers such as Thomson Reuters and Bloomberg.
- Our user-friendly platform features advanced charts and tools, to help you make informed trading decisions.
- Articles exploring silver prices and analysing their relationship with the financial markets are published on BullionVault’s Gold News each day.
What is the Silver Price Today in the US
- Follow this real-time UK Brent price chart to speculate on the price movements of the UK Brent/USD pair.
- Barchart Plus Members have 10 downloads per day, while Barchart Premier Members may download up to 250 .csv files per day.
- Silver prices in EUR fluctuate in real time in response to buying and selling transactions, reflecting the dynamics of supply and demand.
- Live silver prices are set by market participants in major commodity market trading centers including Tokyo, London and New York.
- Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
- Either way, the simplicity of owning physical silver bullion offers appealing security versus volatile digital currencies.
For more information on best practice in buying and selling silver, read our dedicated guide. 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. No Daily Price is published on Saturday or Sunday, or on certain UK public holidays.
Participants also have 30 minutes directly before the auction starts to queue up their orders. Our user-friendly platform features advanced charts and tools, to help you make informed trading decisions. Prices provided by TradingView are for reference only and are indicative. For accurate and real-time pricing, please refer to our trading platform. If you are trading actively it may be a good idea to maintain a separate browser session for monitoring charts.
Trade ideas
It is extremely malleable, ductile and is the most conductive of the metals. This means it lends itself well to a number of industrial uses including telecommunications, medical and energy technologies. Barchart Plus Members have 10 downloads per day, while Barchart Premier Members may download up to 250 .csv files per day. Also unique to Barchart, Flipcharts allow you to scroll through all the symbols on the table in a chart view. While viewing Flipcharts, you can apply a custom chart template, further customizing the way you can analyze the symbols.
What is the Silver Bullion Price?
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. This means that the settlement date is the auction date plus two good UK business days. If that date is a US holiday, then the settlement date rolls forward to the next day that is both a good UK and good US business day. All Direct Participants must be able to centrally clear futures contracts, but they also have the option to select their preferences for a cleared or bilateral match against each other Direct Participant. The percentage of IG client accounts with positions in this market that are currently long or short.
The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Our currency rankings show that the most popular Silver Ounce exchange rate is the XAG to USD rate. Open orders are only executed on days when an appropriate price is published. 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. The LBMA Gold and Silver Prices are not published on certain days. Further details on IBA’s general governance structure, including IBA’s independent Board of Directors, whistleblowing policy and other policies are available on IBA’s Governance page.
Silver is both a monetary and industrial metal which significantly affects its performance and outlook. It acts as a store of value and a hedge against uncertainty, but it is also used in industry and technology and so can be sensitive to economic changes. At the top of this page, you’ll see the current pricing for an ounce of silver in the United States. Silver has been referred to as the ‘indispensable metal’ so far is its reach across industry.
71% of retail client accounts lose money when trading CFDs, with this investment provider. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. Silver prices are dynamic, fluctuating with the forces of supply and demand.Our silver pricing table gives you the latest spot silver prices in the UK by ounce, gram or kilogram.
Get the daily closing silver price
Looking at the 20-year view, you can see that silver live chart uk silver prices reached all-time highs in US Dollar, Sterling and Euro in March 2011. Therefore, projections, predictions and forecasts are difficult for the future price of a kilogram of silver. The silver futures price represents the price you will pay for an ounce of silver delivered at that future date. A futures price is usually more than the spot price because it must account for the risk and uncertainty in future movements as well as the interest or yield foregone. When purchasing a bar that is measured in grams, it is necessary to know the silver price per gram.
Live Silver Price
Our silver price chart for United Kingdom shows silver prices in British Pounds for the last year. Prices are displayed in multiple units of measurement including ounces, grams and kilograms. The silver bar premium is the percentage adjustment that is added or deducted from the silver spot price. The premium on silver bars is determined by the costs of production, refining, fabrication, minting and the logistics of making the silver bars available for sale in the US. The price of a Silver bar is also impacted by supply and demand and a number of bars of silver being bought.
Standard silver futures contracts on COMEX are for 5,000 troy ounces of silver agreed for settlement on specific days of the year. You can also view the silver price chart according to a number of different time frames including the last 24 hours to see the current silver price all the way up to ten years of historical silver spot prices. However, it’s possible to track the real-time changing price of silver in either kilograms or ounces, plus daily, weekly, monthly and yearly trends using BullionVault’s live silver price chart above.
Investors choose these LBMA-approved refinery-produced bars as they are a manageable weight but have a lower premium than smaller bars and coins. If you’re looking to buy ounce units of silver, GoldCore gives you the option with a range of silver coins and silver bullion bars. 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. The ability to transact and reference a single transparent price, produced by an independent regulated benchmark administrator provides significant benefits to the market. The LBMA Gold Price and LBMA Silver Price are the global benchmark prices for unallocated gold and silver delivered in London. Brent crude is also known as London Brent, North Sea Oil, Brent Blend, and Brent petroleum, and it is extracted from the North Sea.
The silver price in EUR displayed above is updated live, every minute. The highest price per ounce of silver in the last year was £26.810 on October 22, 2024. GoldCore has secure vaults in Zurich, Singapore, Dublin & London where you can securely store silver bars and coins in segregated vaults. With GoldBroker.com you buy and sell physical silver based on the silver gold price in Euros, US Dollars, Swiss Francs, British Pounds and Canadian Dollars. The LBMA silver price is administered independently by ICE Benchmark Administration (IBA).