The Monex Spot Silver price is published here on the Live Prices page and is updated throughout its 11-hour trading day. Monex shows one spot silver price at any point in time and it is the midpoint between its ask and bid prices for 1,000 ounce silver bullion bars.
Live 24-hour Silver Price Spot Chart from New York, London, Hong Kong and Sydney. Silver Prices Updated Every Minute.
Get the latest Silver price (SI:CMX) as well as the latest futures prices and other commodity market news at Nasdaq.
Silver Spot Prices Silver Price Spot Change; Silver Price Per Ounce: $18.06: $0.52: Silver Price Per Gram: $0.58: $0.02: Silver Price Per Kilo: $580.64: $16.72: Live Metal Spot Prices (24 Hours) Last Updated: 5/29/2020 5:00:01 PM ET
Conversion Silver Price (Spot) 1 Troy Ounce ≈ 1,097 Ounce Silver Price Per 1 Ounce 16.29 USD 1 Troy Ounce ≈ 31,10 Gram Silver Price Per 1 Gram 0.57 USD
Live silver coin and bullion prices 4:36 pm Sun. May 31, 2020 Current silver spot price $18.09
The current silver spot price is $17.88 per ounce. This live chart show’s today’s silver price in real-time. Spot prices are derived from 24-hour trading around the world and are the basis upon which silver dealers set the price for physical metal. Buyers watch spot prices for short-term dips as an opportunity to accumulate more bullion.
When people refer to the silver spot price, or the spot price of any metal for that matter, they are referring to the price at which the metal may be exchanged and delivered upon now. In other words, the spot price is the price at which silver is currently trading.Spot prices are often referred to in the silver and gold markets, as well as crude oil and other commodities.
Simply take the price of gold, divide it by the price of silver. Here is an example using recent market prices:$1218.45 (gold price) ÷ $16.05 (silver price) = approximately 76 (Gold-to-Silver Ratio) Most economists will agree a lower gold to silver ratio is ahead, but the market can be tough to predict.
The spot silver price refers to the price of silver for immediate delivery. Transactions for bullion coins are almost always priced using the spot price as a basis. The spot silver market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for silver transactions.