Q:

What Is the Current Price of Silver Per Ounce?

A:

Quick Answer

The price of silver in U.S. dollars, as of October 2015, is approximately $15.80 per ounce, according to SilverPrice.org. Silver is an extremely volatile commodities asset that is traded at a high volume in stock markets, so its price tends to change frequently throughout each day.

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What Is the Current Price of Silver Per Ounce?
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Full Answer

Silver has experienced two dramatic price increases, once in 1980 and again in 2011, that have sent its per ounce price to almost $50. The 1980 spike was followed by an immediate drop back to approximately $5 an ounce, while the 2011 decline was more gradual, taking approximately two years to plateau at around $15 an ounce. Though silver prices are frequently compared to gold prices, they are historically much lower.

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