Welcome to the page of Live Silver Price Per Ounce. As a silver investor, it is very necessary to keep track of fluctuation of silver price. The Live Silver Price per Ounce provides the silver price per ounce in real time(including bid price and ask price); it also provides daily silver price history chart (includes silver price history charts in different periods). This page is being updated every 1 minutes.
Silver Price Per Ounce
24.35 US Dollar
Bid Price: $24.35
Ask Price: $24.45
Day's Range: $24.03 - $24.72
Prices Updated: Oct 26, 2020 at 09:35 NY Time
Live silver price charts
Silver Price per Ounce in US Dollar
|Ounce||US Dollar||US Dollar||Ounce|
|1 Ounce =||24.35 USD||1 USD=||0.04107 Ounce|
|2 Ounce =||48.7 USD||2 USD=||0.08214 Ounce|
|5 Ounce =||121.75 USD||5 USD=||0.20534 Ounce|
|10 Ounce =||243.5 USD||10 USD=||0.41068 Ounce|
|20 Ounce =||487 USD||20 USD=||0.82136 Ounce|
|25 Ounce =||608.75 USD||25 USD=||1.02669 Ounce|
|50 Ounce =||1217.5 USD||50 USD=||2.05339 Ounce|
|100 Ounce =||2435 USD||100 USD=||4.10678 Ounce|
|1000 Ounce =||24350 USD||1000 USD=||41.06776 Ounce|
What is the live silver price, spot silver price, and silver fixing price?
Live silver price: also called realtime silver price, at that price the physical silver is available for delivery to the buyer and become the buyer's own personal possession. It is not the spot silver price, or silver fixing price.
Spot silver price: current silver price, physical silver price, affected by the futures price, is calculated according to the most recent average bid price offered by the worldwide professional traders.
Silver fixing price: also called London silver fixing, is a benchmark price for both the silver and silver-related goods transactions. It is fixed by five members of the London Bullion Market Association via conference call.
What is the relationship among these silver prices?
These silver prices have inextricable link, they Influence each other, complement each other. Their fluctuation largely depend on supply and demand. All of them may be as reference prices for physical silver or silver futures transactions. Additional, silver fixing price is more akin to a momentary spot price (or a momentary live silver price), that is used among the five major banks' most important customers who sale or buy in multiples of 400 ounces silver. Whereas, live silver price is more accurate to keep track on the fluctuation of silver price in order to maximize your profit and wealth preservation. Compared to above two prices, spot silver price is much closer the price that you would like to pay for physical silver.