Live Silver Prices
Live Silver Prices Per Ounce - Silver Price
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
=
31.26 US Dollar
Bid Price: $31.26
Ask Price: $31.36
Day's Range: $29.91 - $31.36
Prices Updated: Jul 27, 2024 at 07:11 NY Time
Live silver price charts
Silver Price per Ounce in US Dollar
| Ounce | US Dollar | US Dollar | Ounce |
|---|---|---|---|
| 1 Ounce = | 31.26 USD | 1 USD= | 0.03199 Ounce |
| 2 Ounce = | 62.52 USD | 2 USD= | 0.06398 Ounce |
| 5 Ounce = | 156.3 USD | 5 USD= | 0.15995 Ounce |
| 10 Ounce = | 312.6 USD | 10 USD= | 0.3199 Ounce |
| 20 Ounce = | 625.2 USD | 20 USD= | 0.6398 Ounce |
| 25 Ounce = | 781.5 USD | 25 USD= | 0.79974 Ounce |
| 50 Ounce = | 1563 USD | 50 USD= | 1.59949 Ounce |
| 100 Ounce = | 3126 USD | 100 USD= | 3.19898 Ounce |
| 1000 Ounce = | 31260 USD | 1000 USD= | 31.98976 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.